Analysts at StockNews.com started coverage on shares of Broadway Financial (NASDAQ:BYFC - Get Free Report) in a report released on Monday. The brokerage set a "sell" rating on the savings and loans company's stock.
Broadway Financial Trading Down 1.9 %
Shares of BYFC traded down $0.13 during midday trading on Monday, reaching $6.63. The company had a trading volume of 1,555 shares, compared to its average volume of 8,201. Broadway Financial has a 1-year low of $4.41 and a 1-year high of $9.46. The company has a quick ratio of 0.14, a current ratio of 1.38 and a debt-to-equity ratio of 2.26. The firm has a 50 day simple moving average of $7.45 and a 200-day simple moving average of $7.15. The stock has a market cap of $60.41 million, a PE ratio of 165.79 and a beta of 0.73.
Broadway Financial (NASDAQ:BYFC - Get Free Report) last released its quarterly earnings data on Monday, January 27th. The savings and loans company reported $0.06 earnings per share (EPS) for the quarter. Broadway Financial had a net margin of 3.02% and a return on equity of 1.44%.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Broadway Financial stock. Dimensional Fund Advisors LP raised its holdings in Broadway Financial Co. (NASDAQ:BYFC - Free Report) by 29.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,559 shares of the savings and loans company's stock after purchasing an additional 4,850 shares during the quarter. Dimensional Fund Advisors LP owned 0.24% of Broadway Financial worth $148,000 as of its most recent SEC filing. 12.12% of the stock is owned by institutional investors and hedge funds.
Broadway Financial Company Profile
(
Get Free Report)
Broadway Financial Corporation operates as the holding company for City First Bank, National Association that provides various banking products and services in the United States. It accepts various deposit accounts, including savings accounts, checking accounts, interest checking accounts, money market accounts, and fixed-term certificates of deposit.
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