Broadway Financial Co. (NASDAQ:BYFC - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.54 and traded as high as $9.07. Broadway Financial shares last traded at $8.07, with a volume of 9,767 shares trading hands.
Analysts Set New Price Targets
Separately, StockNews.com started coverage on shares of Broadway Financial in a report on Saturday. They issued a "sell" rating on the stock.
Check Out Our Latest Analysis on BYFC
Broadway Financial Trading Down 9.7 %
The firm has a 50-day moving average price of $7.20 and a 200-day moving average price of $6.54. The stock has a market cap of $73.47 million, a PE ratio of 27.81 and a beta of 0.72. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.14 and a current ratio of 1.38.
Broadway Financial (NASDAQ:BYFC - Get Free Report) last announced its quarterly earnings data on Tuesday, October 29th. The savings and loans company reported ($0.03) earnings per share for the quarter. Broadway Financial had a return on equity of 2.43% and a net margin of 5.01%. The firm had revenue of $8.75 million during the quarter.
Hedge Funds Weigh In On Broadway Financial
An institutional investor recently raised its position in Broadway Financial stock. Wittenberg Investment Management Inc. boosted its position in Broadway Financial Co. (NASDAQ:BYFC - Free Report) by 12.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 51,117 shares of the savings and loans company's stock after purchasing an additional 5,566 shares during the period. Wittenberg Investment Management Inc. owned about 0.56% of Broadway Financial worth $329,000 as of its most recent SEC filing. Institutional investors own 12.12% of the company's stock.
About Broadway Financial
(
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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