Broadway Financial Co. (NASDAQ:BYFC - Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $6.41 and traded as high as $7.80. Broadway Financial shares last traded at $7.77, with a volume of 4,129 shares traded.
Wall Street Analyst Weigh In
Separately, StockNews.com started coverage on shares of Broadway Financial in a report on Friday. They set a "sell" rating on the stock.
Read Our Latest Stock Report on Broadway Financial
Broadway Financial Price Performance
The firm has a market capitalization of $68.34 million, a P/E ratio of 25.86 and a beta of 0.72. The company has a fifty day moving average of $7.04 and a 200 day moving average of $6.41. The company has a debt-to-equity ratio of 2.26, a current ratio of 1.38 and a quick ratio of 0.14.
Broadway Financial (NASDAQ:BYFC - Get Free Report) last posted its quarterly earnings data on Tuesday, October 29th. The savings and loans company reported ($0.03) EPS for the quarter. Broadway Financial had a net margin of 5.01% and a return on equity of 2.43%. 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. lifted its stake in shares of Broadway Financial Co. (NASDAQ:BYFC - Free Report) by 12.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 51,117 shares of the savings and loans company's stock after acquiring an additional 5,566 shares during the period. Wittenberg Investment Management Inc. owned 0.56% of Broadway Financial worth $329,000 at the end of the most recent reporting period. Institutional investors own 12.12% of the company's stock.
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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