Carver Bancorp (NASDAQ:CARV) Now Covered by Analysts at StockNews.com

Research analysts at StockNews.com initiated coverage on shares of Carver Bancorp (NASDAQ:CARV) in a report released on Thursday. The firm set a “sell” rating on the savings and loans company’s stock.

Carver Bancorp Stock Down 1.1 %

Shares of CARV stock opened at $1.80 on Thursday. The company has a market capitalization of $9.20 million, a price-to-earnings ratio of -2.17 and a beta of 1.12. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.03 and a current ratio of 1.03. The stock’s 50 day simple moving average is $1.73 and its 200 day simple moving average is $1.78. Carver Bancorp has a twelve month low of $1.26 and a twelve month high of $2.39.

Insider Buying and Selling

In other Carver Bancorp news, CEO Donald Felix bought 26,946 shares of the stock in a transaction on Monday, November 25th. The shares were purchased at an average price of $1.67 per share, with a total value of $44,999.82. Following the acquisition, the chief executive officer now directly owns 26,946 shares of the company’s stock, valued at $44,999.82. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 1.32% of the stock is owned by insiders.

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.