Central Federal (NASDAQ:CFBK) Rating Lowered to Sell at ValuEngine

ValuEngine downgraded shares of Central Federal (NASDAQ:CFBK) from a hold rating to a sell rating in a research note issued to investors on Monday, ValuEngine reports.

CFBK opened at $11.00 on Monday. Central Federal has a 12 month low of $8.44 and a 12 month high of $15.00. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.14 and a quick ratio of 0.96. The stock has a market cap of $54.81 million, a P/E ratio of 5.39 and a beta of 0.52. The stock’s 50 day moving average price is $13.20 and its 200 day moving average price is $13.26.

A hedge fund recently bought a new stake in Central Federal stock. Eidelman Virant Capital bought a new stake in Central Federal Co. (NASDAQ:CFBK) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 29,436 shares of the savings and loans company’s stock, valued at approximately $411,000. Eidelman Virant Capital owned 0.55% of Central Federal at the end of the most recent reporting period. 18.84% of the stock is owned by institutional investors.

About Central Federal

Central Federal Corporation operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States. The company accepts savings, retail and business checking, and money market accounts, as well as certificates of deposit. It also offers single-family mortgage loans; commercial real estate and multi-family residential mortgage loans; commercial loans; construction and land loans; and consumer loans, such as home equity lines of credit, automobile loans, home improvement loans, and loans secured by deposits, as well as other loans.

See Also: Net Asset Value

To view ValuEngine’s full report, visit ValuEngine’s official website.

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