Carver Bancorp (NASDAQ:CARV) Earns Sell Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Carver Bancorp (NASDAQ:CARV) in a research note released on Saturday. The firm issued a sell rating on the savings and loans company’s stock.

Carver Bancorp Stock Performance

Shares of Carver Bancorp stock opened at $1.86 on Friday. The business’s fifty day simple moving average is $1.87 and its 200 day simple moving average is $1.71. The firm has a market capitalization of $9.27 million, a P/E ratio of -1.86 and a beta of 1.09. Carver Bancorp has a 12 month low of $1.15 and a 12 month high of $2.39. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 2.66.

Carver Bancorp (NASDAQ:CARV) last issued its quarterly earnings results on Wednesday, August 14th. The savings and loans company reported ($0.43) EPS for the quarter. The business had revenue of $6.21 million for the quarter. Carver Bancorp had a negative return on equity of 20.02% and a negative net margin of 8.95%.

About Carver Bancorp

Carver Bancorp, Inc operates as the holding company for Carver Federal Savings Bank that provides consumer and commercial banking services for consumers, businesses, non-profit organizations, and governmental and quasi-governmental agencies primarily in New York. It accepts various deposit products, including demand, savings, and time deposits; passbook and statement accounts, and certificates of deposit; and individual retirement accounts.