Broadway Financial Co. (NASDAQ:BYFC - Get Free Report) shares 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 initiated coverage on Broadway Financial in a research note on Saturday. They set a "sell" rating on the stock.
Read Our Latest Stock Analysis on Broadway Financial
Broadway Financial Stock Performance
The firm has a market cap of $73.47 million, a PE ratio of 27.81 and a beta of 0.72. The firm's 50 day simple moving average is $7.20 and its 200 day simple moving average is $6.54. The company has a current ratio of 1.38, a quick ratio of 0.14 and a debt-to-equity ratio of 2.26.
Broadway Financial (NASDAQ:BYFC - Get Free Report) last released its quarterly earnings results on Tuesday, October 29th. The savings and loans company reported ($0.03) earnings per share 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 for the quarter.
Institutional Trading of Broadway Financial
A hedge fund recently raised its stake in Broadway Financial stock. Wittenberg Investment Management Inc. boosted its stake in shares of Broadway Financial Co. (NASDAQ:BYFC - Free Report) by 12.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 51,117 shares of the savings and loans company's stock after buying an additional 5,566 shares during the period. Wittenberg Investment Management Inc. owned approximately 0.56% of Broadway Financial worth $329,000 at the end of the most recent quarter. 12.12% of the stock is currently 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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