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

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

Carver Bancorp Trading Up 5.4 %

Shares of NASDAQ:CARV opened at $1.46 on Tuesday. The stock has a 50 day moving average of $1.66 and a 200 day moving average of $1.75. The company has a market cap of $7.45 million, a PE ratio of -0.76 and a beta of 1.12. Carver Bancorp has a 12-month low of $1.26 and a 12-month high of $2.39. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 3.63.

Carver Bancorp (NASDAQ:CARV) last issued its quarterly earnings results on Thursday, February 13th. The savings and loans company reported ($1.09) earnings per share for the quarter. Carver Bancorp had a negative net margin of 24.99% and a negative return on equity of 59.15%.

Institutional Investors Weigh In On Carver Bancorp

A hedge fund recently bought a new stake in Carver Bancorp stock. Cantor Fitzgerald L. P. acquired a new position in Carver Bancorp, Inc. (NASDAQ:CARV) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 34,657 shares of the savings and loans company’s stock, valued at approximately $64,000. Cantor Fitzgerald L. P. owned 0.68% of Carver Bancorp as of its most recent SEC filing. 18.20% of the stock is owned by institutional investors.

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.