Carver Bancorp (NASDAQ:CARV) Now Covered by StockNews.com

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

Carver Bancorp Trading Up 9.6 %

CARV stock opened at $1.83 on Monday. Carver Bancorp has a 12 month low of $1.26 and a 12 month high of $2.39. The firm’s 50-day moving average is $1.76 and its 200 day moving average is $1.78. The company has a market capitalization of $9.35 million, a PE ratio of -2.20 and a beta of 1.11. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.03 and a quick ratio of 1.03.

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.