StockNews.com Begins Coverage on Carver Bancorp (NASDAQ:CARV)

by · The Markets Daily

StockNews.com assumed coverage on shares of Carver Bancorp (NASDAQ:CARV – Free Report) in a report released on Monday. The brokerage issued a sell rating on the savings and loans company’s stock.

Carver Bancorp Stock Up 1.1 %

Shares of CARV opened at $1.92 on Monday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 2.66. Carver Bancorp has a 12 month low of $1.15 and a 12 month high of $2.39. The stock’s 50 day moving average is $1.93 and its two-hundred day moving average is $1.74. The firm has a market cap of $9.57 million, a P/E ratio of -1.90 and a beta of 1.09.

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

Carver Bancorp Company Profile

(Get Free Report)

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.

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