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

Carver Bancorp, Inc. (NASDAQ:CARV) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.57 and traded as high as $1.74. Carver Bancorp shares last traded at $1.74, with a volume of 4,986 shares changing hands.

Carver Bancorp Price Performance

The stock has a 50 day moving average of $1.47 and a two-hundred day moving average of $1.57. The company has a debt-to-equity ratio of 5.30, a quick ratio of 1.01 and a current ratio of 1.01. The firm has a market capitalization of $10.26 million, a P/E ratio of -0.66 and a beta of 1.54.

Institutional Investors Weigh In On Carver Bancorp

An institutional investor recently bought a new position in Carver Bancorp stock. Citadel Advisors LLC bought a new position in Carver Bancorp, Inc. (NASDAQ:CARV) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 20,933 shares of the savings and loans company’s stock, valued at approximately $50,000. Citadel Advisors LLC owned 0.41% of Carver Bancorp at the end of the most recent reporting period. 18.20% of the stock is owned by institutional investors and hedge funds.

About Carver Bancorp

Carver Bancorp, Inc is the bank holding company for Carver Federal Savings Bank, a New York–based financial institution dedicated to serving minority and underserved communities. As the largest African American–led FDIC-insured banking organization in the United States, Carver Bancorp operates a branch network throughout the New York metropolitan area, including locations in the Bronx, Brooklyn, Manhattan, Queens, Staten Island and Westchester County.

The company offers a comprehensive range of banking products and services tailored to both consumer and commercial customers.