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

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

Carver Bancorp Trading Up 9.6 %

CARV opened at $1.83 on Monday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.11. The firm has a market cap of $9.35 million, a price-to-earnings ratio of -2.20 and a beta of 1.11. Carver Bancorp has a 12 month low of $1.26 and a 12 month high of $2.39. The stock has a fifty day moving average price of $1.76 and a 200-day moving average price of $1.78.

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.