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

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

Carver Bancorp Price Performance

Shares of NASDAQ CARV opened at $1.67 on Monday. The firm has a fifty day simple moving average of $1.77 and a two-hundred day simple moving average of $1.78. Carver Bancorp has a 12 month low of $1.26 and a 12 month 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 2.11. The firm has a market capitalization of $8.53 million, a PE ratio of -2.03 and a beta of 1.11.

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.