Carver Bancorp (NASDAQ:CARV) Earns Sell Rating from Analysts at StockNews.com

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

Carver Bancorp Stock Up 1.8 %

CARV stock opened at $1.74 on Thursday. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.03 and a current ratio of 1.03. Carver Bancorp has a fifty-two week low of $1.26 and a fifty-two week high of $2.39. The stock’s 50 day simple moving average is $1.81 and its 200 day simple moving average is $1.83. The company has a market cap of $8.89 million, a P/E ratio of -2.10 and a beta of 1.13.

Insider Buying and Selling at Carver Bancorp

In related news, CEO Donald Felix bought 26,946 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were bought at an average price of $1.67 per share, for a total transaction of $44,999.82. Following the completion of the acquisition, the chief executive officer now directly owns 26,946 shares of the company’s stock, valued at $44,999.82. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.32% of the company’s stock.

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.