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

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

Carver Bancorp Price Performance

Shares of NASDAQ:CARV opened at $1.75 on Thursday. The stock has a 50-day simple moving average of $1.86 and a 200-day simple moving average of $1.76. The stock has a market capitalization of $8.73 million, a P/E ratio of -1.75 and a beta of 1.09. Carver Bancorp has a 1 year low of $1.15 and a 1 year high of $2.39. The company has a debt-to-equity ratio of 2.66, a quick ratio of 1.05 and a current 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) earnings per share (EPS) for the quarter. Carver Bancorp had a negative return on equity of 20.02% and a negative net margin of 8.95%. The business had revenue of $6.21 million for 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.