Carver Bancorp Inc’s (CARV) Stock: A 61.03% Annual Performance Rate

The stock of Carver Bancorp Inc (CARV) has gone up by 4.17% for the week, with a -0.88% drop in the past month and a 2.18% rise in the past quarter. The volatility ratio for the week is 6.32%, and the volatility levels for the past 30 days are 6.67% for CARV. The simple moving average for the last 20 days is 10.02% for CARV stock, with a simple moving average of 7.53% for the last 200 days.

Is It Worth Investing in Carver Bancorp Inc (NASDAQ: CARV) Right Now?

The 36-month beta value for CARV is at 1.13. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for CARV is 4.02M, and currently, shorts hold a 0.24% of that float. The average trading volume for CARV on November 05, 2024 was 20.95K shares.

CARV) stock’s latest price update

Carver Bancorp Inc (NASDAQ: CARV) has seen a rise in its stock price by 10.95 in relation to its previous close of 1.69. However, the company has experienced a 4.17% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-09-16 that Carver is a historic institution founded in 1948 to help underserved communities in New York City build wealth. Carver continues to pay its mission forward, focusing on Minority and Women Business Enterprises and the growing middle-income neighborhoods it serves.

CARV Trading at 2.26% from the 50-Day Moving Average

After a stumble in the market that brought CARV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.55% of loss for the given period.

Volatility was left at 6.67%, however, over the last 30 days, the volatility rate increased by 6.32%, as shares surge +1.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.25% lower at present.

During the last 5 trading sessions, CARV rose by +4.17%, which changed the moving average for the period of 200-days by -7.64% in comparison to the 20-day moving average, which settled at $1.7042. In addition, Carver Bancorp Inc saw -4.82% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CARV starting from MacKay Craig C, who purchase 1,000 shares at the price of $1.67 back on Feb 27 ’24. After this action, MacKay Craig C now owns 5,000 shares of Carver Bancorp Inc, valued at $1,670 using the latest closing price.

Stock Fundamentals for CARV

Current profitability levels for the company are sitting at:

  • -0.02 for the present operating margin
  • 0.92 for the gross margin

The net margin for Carver Bancorp Inc stands at -0.1. The total capital return value is set at -0.0. Equity return is now at value -9.14, with -0.52 for asset returns.

Based on Carver Bancorp Inc (CARV), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at -0.14. The debt to equity ratio resting at 1.26. The interest coverage ratio of the stock is -0.08.

Currently, EBITDA for the company is -2.98 million with net debt to EBITDA at -3.37. When we switch over and look at the enterprise to sales, we see a ratio of 0.57. The receivables turnover for the company is 10.39for trailing twelve months and the total asset turnover is 0.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.16.

Conclusion

In conclusion, Carver Bancorp Inc (CARV) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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