Carver Bancorp Inc [CARV] Is Currently 9.58 above its 200 Period Moving Avg: What Does This Mean?

Carver Bancorp Inc [NASDAQ: CARV] gained 9.58% or 0.16 points to close at $1.83 with a heavy trading volume of 133902 shares.

The daily chart for CARV points out that the company has recorded 2.23% gains over the past six months.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

If we look at the average trading volume of 22.47K shares, CARV reached to a volume of 133902 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Carver Bancorp Inc [CARV]:

The Average True Range (ATR) for Carver Bancorp Inc is set at 0.09, with the Price to Sales ratio for CARV stock in the period of the last 12 months amounting to 0.23. The Price to Book ratio for the last quarter was 0.52.

Trading performance analysis for CARV stock

Carver Bancorp Inc [CARV] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.27. With this latest performance, CARV shares gained by 3.68% in over the last four-week period, additionally plugging by 2.23% over the last 6 months – not to mention a drop of -18.30% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CARV stock in for the last two-week period is set at 60.56, with the RSI for the last a single of trading hit 69.08, and the three-weeks RSI is set at 56.03 for Carver Bancorp Inc [CARV]. The present Moving Average for the last 50 days of trading for this stock 1.7597, while it was recorded at 1.6940 for the last single week of trading, and 1.7270 for the last 200 days.

Carver Bancorp Inc [CARV]: A deeper dive into fundamental analysis

Carver Bancorp Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.20.

An analysis of Institutional ownership at Carver Bancorp Inc [CARV]

There are presently around $8.43%, or 10.70%% of CARV stock, in the hands of institutional investors. The top three institutional holders of CARV stocks are: WELLS FARGO & COMPANY/MN with ownership of 0.16 million shares, which is approximately 3.1849%. BANK OF AMERICA CORP /DE/, holding 0.15 million shares of the stock with an approximate value of $$0.21 million in CARV stocks shares; and BANK OF AMERICA CORP /DE/, currently with $$0.19 million in CARV stock with ownership which is approximately 2.6969%.