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

StockNews.com initiated coverage on shares of Carver Bancorp (NASDAQ:CARVFree Report) in a research note published on Sunday. The firm issued a sell rating on the savings and loans company’s stock.

Carver Bancorp Price Performance

CARV stock opened at $1.82 on Friday. The firm has a 50 day moving average of $1.79 and a 200-day moving average of $1.80. The firm has a market capitalization of $9.30 million, a P/E ratio of -2.19 and a beta of 1.13. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.11. Carver Bancorp has a 12 month low of $1.26 and a 12 month high of $2.39.

Insider Activity

In other news, CEO Donald Felix acquired 26,946 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were bought at an average cost of $1.67 per share, with a total value of $44,999.82. Following the acquisition, the chief executive officer now owns 26,946 shares in the company, valued at approximately $44,999.82. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.32% of the company’s stock.

About Carver Bancorp

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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.

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