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

StockNews.com initiated coverage on shares of Carver Bancorp (NASDAQ:CARV) in a research report sent to investors on Sunday morning. The firm issued a sell rating on the savings and loans company’s stock.

Carver Bancorp Stock Down 2.6 %

CARV opened at $1.66 on Friday. The company has a fifty day moving average of $1.78 and a two-hundred day moving average of $1.78. The stock has a market capitalization of $8.48 million, a price-to-earnings ratio of -2.00 and a beta of 1.11. Carver Bancorp has a fifty-two week low of $1.26 and a fifty-two week high of $2.39. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.03 and a current ratio of 1.03.

Carver Bancorp Company Profile

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.