Research analysts at StockNews.com assumed coverage on shares of Broadway Financial (NASDAQ:BYFC – Get Free Report) in a research report issued to clients and investors on Monday. The brokerage set a “sell” rating on the savings and loans company’s stock.
Broadway Financial Stock Performance
Shares of BYFC stock opened at $7.40 on Monday. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.14 and a current ratio of 1.38. The stock has a market capitalization of $67.43 million, a price-to-earnings ratio of 185.05 and a beta of 0.73. Broadway Financial has a one year low of $4.41 and a one year high of $9.46. The company’s 50-day simple moving average is $7.54 and its 200-day simple moving average is $7.15.
Broadway Financial (NASDAQ:BYFC – Get Free Report) last released its earnings results on Monday, January 27th. The savings and loans company reported $0.06 EPS for the quarter. Broadway Financial had a return on equity of 1.44% and a net margin of 3.02%.
Institutional Trading of Broadway Financial
A hedge fund recently raised its stake in Broadway Financial stock. Dimensional Fund Advisors LP increased its holdings in Broadway Financial Co. (NASDAQ:BYFC – Free Report) by 29.0% in the 4th quarter, according to its most recent 13F filing with the SEC. 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 about 0.24% of Broadway Financial worth $148,000 as of its most recent filing with the SEC. 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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