Carver Bancorp (NASDAQ:CARV) Shares Cross Above 200 Day Moving Average – Should You Sell?

Carver Bancorp, Inc. (NASDAQ:CARV) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2.05 and traded as high as $3.65. Carver Bancorp shares last traded at $3.64, with a volume of 19,152 shares changing hands.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Carver Bancorp in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

Carver Bancorp Stock Up 4.0%

The company has a debt-to-equity ratio of 3.13, a current ratio of 1.00 and a quick ratio of 1.00. The business has a 50 day simple moving average of $2.69 and a 200 day simple moving average of $2.05. The stock has a market cap of $18.48 million, a PE ratio of -1.49 and a beta of 1.42.

Carver Bancorp (NASDAQ:CARV) last announced its quarterly earnings results on Wednesday, August 13th. The savings and loans company reported ($0.22) earnings per share (EPS) for the quarter. The firm had revenue of $6.91 million for the quarter. Carver Bancorp had a negative net margin of 33.51% and a negative return on equity of 117.36%.

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.