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

StockNews.com initiated coverage on shares of Carver Bancorp (NASDAQ:CARV) in a report released on Saturday morning. The firm issued a sell rating on the savings and loans company’s stock.

Carver Bancorp Price Performance

NASDAQ:CARV opened at $1.84 on Friday. Carver Bancorp has a one year low of $1.15 and a one year high of $2.39. The company has a market cap of $9.20 million, a P/E ratio of -1.84 and a beta of 1.09. The firm’s fifty day moving average price is $1.86 and its two-hundred day moving average price is $1.71. The company has a debt-to-equity ratio of 2.66, a current ratio of 1.05 and a quick ratio of 1.05.

Carver Bancorp (NASDAQ:CARV) last released its quarterly earnings data on Wednesday, August 14th. The savings and loans company reported ($0.43) EPS for the quarter. Carver Bancorp had a negative net margin of 8.95% and a negative return on equity of 20.02%. The company had revenue of $6.21 million during the quarter.

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.