Carver Bancorp (NASDAQ:CARV) Coverage Initiated by Analysts at StockNews.com

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

Carver Bancorp Stock Up 5.1%

Shares of CARV stock opened at $1.41 on Monday. Carver Bancorp has a 12 month low of $1.30 and a 12 month high of $2.39. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 3.63. The firm has a market cap of $7.20 million, a PE ratio of -0.73 and a beta of 1.26. The stock has a 50 day moving average of $1.39 and a 200-day moving average of $1.64.

Carver Bancorp (NASDAQ:CARV) last issued its quarterly earnings results on Thursday, February 13th. The savings and loans company reported ($1.09) earnings per share for the quarter. Carver Bancorp had a negative net margin of 24.99% and a negative return on equity of 59.15%.

Hedge Funds Weigh In On Carver Bancorp

A hedge fund recently bought a new stake in Carver Bancorp stock. Cantor Fitzgerald L. P. acquired a new stake in shares of Carver Bancorp, Inc. (NASDAQ:CARV) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 34,657 shares of the savings and loans company’s stock, valued at approximately $64,000. Cantor Fitzgerald L. P. owned 0.68% of Carver Bancorp at the end of the most recent quarter. Institutional investors and hedge funds own 18.20% of the company’s stock.

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.