Broadway Financial Co. (NASDAQ:BYFC - Get Free Report)'s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $7.12 and traded as low as $6.25. Broadway Financial shares last traded at $6.27, with a volume of 1,096 shares.
Analyst Upgrades and Downgrades
Separately, StockNews.com initiated coverage on Broadway Financial in a research note on Wednesday. They set a "sell" rating for the company.
Get Our Latest Report on BYFC
Broadway Financial Stock Performance
The company has a current ratio of 1.38, a quick ratio of 0.14 and a debt-to-equity ratio of 2.26. The stock has a market cap of $62.24 million, a PE ratio of 170.67 and a beta of 0.73. The business's 50-day moving average price is $7.05 and its 200-day moving average price is $7.12.
Broadway Financial (NASDAQ:BYFC - Get Free Report) last posted its quarterly earnings data on Monday, January 27th. The savings and loans company reported $0.06 earnings per share for the quarter. Broadway Financial had a return on equity of 1.44% and a net margin of 3.02%.
Hedge Funds Weigh In On Broadway Financial
An institutional investor recently raised its position in Broadway Financial stock. Dimensional Fund Advisors LP lifted its stake in shares of Broadway Financial Co. (NASDAQ:BYFC - Free Report) by 29.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,559 shares of the savings and loans company's stock after buying an additional 4,850 shares during the period. Dimensional Fund Advisors LP owned approximately 0.24% of Broadway Financial worth $148,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 12.12% of the company's stock.
Broadway Financial Company Profile
(
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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.
Further Reading
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