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

Investment analysts at StockNews.com began coverage on shares of Carver Bancorp (NASDAQ:CARV) in a research note issued on Wednesday. The brokerage set a “sell” rating on the savings and loans company’s stock.

Carver Bancorp Price Performance

Shares of NASDAQ CARV opened at $1.82 on Wednesday. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.03 and a quick ratio of 1.03. Carver Bancorp has a 1 year low of $1.26 and a 1 year high of $2.39. The company’s 50-day moving average is $1.73 and its 200 day moving average is $1.78. The stock has a market capitalization of $9.30 million, a P/E ratio of -2.19 and a beta of 1.12.

Insider Activity

In other news, CEO Donald Felix acquired 26,946 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was acquired at an average price of $1.67 per share, for a total transaction of $44,999.82. Following the completion of the acquisition, the chief executive officer now owns 26,946 shares in the company, valued at $44,999.82. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.32% of the stock is currently owned by company insiders.

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.