Carver Bancorp (NASDAQ:CARV) Research Coverage Started at StockNews.com

Research analysts at StockNews.com started coverage on shares of Carver Bancorp (NASDAQ:CARV) in a research report issued on Saturday. The brokerage set a “sell” rating on the savings and loans company’s stock.

Carver Bancorp Stock Up 3.4 %

Shares of CARV stock opened at $1.83 on Friday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 2.32. Carver Bancorp has a 12 month low of $1.15 and a 12 month high of $4.23. The stock has a market cap of $9.13 million, a P/E ratio of -1.83 and a beta of 1.14. The company has a 50 day simple moving average of $1.61 and a two-hundred day simple moving average of $1.73.

Hedge Funds Weigh In On Carver Bancorp

An institutional investor recently bought a new position in Carver Bancorp stock. Calton & Associates Inc. purchased a new position in Carver Bancorp, Inc. (NASDAQ:CARV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 22,150 shares of the savings and loans company’s stock, valued at approximately $44,000. Calton & Associates Inc. owned approximately 0.45% of Carver Bancorp as of its most recent SEC filing. 18.20% of the stock is owned by institutional investors and hedge funds.

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.