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

Stock analysts at StockNews.com began coverage on shares of Carver Bancorp (NASDAQ:CARV) in a research report issued to clients and investors on Monday. The firm set a “sell” rating on the savings and loans company’s stock.

Carver Bancorp Stock Performance

Shares of CARV stock opened at $1.34 on Monday. The company’s fifty day simple moving average is $1.40 and its 200-day simple moving average is $1.64. Carver Bancorp has a 52 week low of $1.30 and a 52 week high of $2.39. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 3.63. The company has a market cap of $6.85 million, a PE ratio of -0.70 and a beta of 1.26.

Carver Bancorp (NASDAQ:CARV) last released 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%.

Institutional Investors Weigh In On Carver Bancorp

An institutional investor recently bought a new position in Carver Bancorp stock. Cantor Fitzgerald L. P. purchased a new stake in shares of Carver Bancorp, Inc. (NASDAQ:CARV) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 34,657 shares of the savings and loans company’s stock, valued at approximately $64,000. Cantor Fitzgerald L. P. owned approximately 0.68% of Carver Bancorp at the end of the most recent quarter. 18.20% of the stock is owned by institutional investors and hedge funds.

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.