Carver Bancorp (NASDAQ:CARV) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

Carver Bancorp, Inc. (NASDAQ:CARV) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.81 and traded as high as $2.79. Carver Bancorp shares last traded at $2.70, with a volume of 17,194 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Carver Bancorp in a report on Wednesday. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Carver Bancorp Stock Performance

The firm’s fifty day moving average is $2.20 and its 200 day moving average is $1.81. The firm has a market capitalization of $13.72 million, a price-to-earnings ratio of -1.11 and a beta of 1.38. The company has a debt-to-equity ratio of 3.13, a current ratio of 1.00 and a quick ratio of 1.00.

Carver Bancorp (NASDAQ:CARV) last released its quarterly earnings data on Wednesday, August 13th. The savings and loans company reported ($0.22) earnings per share for the quarter. The company had revenue of $6.91 million during the quarter. Carver Bancorp had a negative net margin of 33.51% and a negative return on equity of 117.36%.

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.