StockNews.com assumed coverage on shares of Broadway Financial (NASDAQ:BYFC - Free Report) in a research report released on Saturday. The firm issued a sell rating on the savings and loans company's stock.
Broadway Financial Trading Down 1.0 %
NASDAQ BYFC opened at $7.02 on Friday. The stock has a market capitalization of $63.95 million, a price-to-earnings ratio of 24.21 and a beta of 0.71. Broadway Financial has a 52 week low of $4.41 and a 52 week high of $7.99. The stock's 50 day moving average price is $6.73 and its two-hundred day moving average price is $5.89. 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) EPS for the quarter. The business had revenue of $8.75 million during the quarter. Broadway Financial had a return on equity of 2.43% and a net margin of 5.01%.
Institutional Trading of Broadway Financial
An institutional investor recently raised its position in Broadway Financial stock. Wittenberg Investment Management Inc. grew 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 Securities & Exchange Commission. The fund owned 51,117 shares of the savings and loans company's stock after purchasing an additional 5,566 shares during the quarter. Wittenberg Investment Management Inc. owned about 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 hedge funds and other institutional investors.
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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