Shares of Broadway Financial Corporation (NASDAQ:BYFC - Get Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $6.39 and traded as high as $7.25. Broadway Financial shares last traded at $7.25, with a volume of 1,047 shares traded.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen began coverage on shares of Broadway Financial in a research note on Sunday, May 18th. They set a "sell" rating for the company.
Get Our Latest Analysis on BYFC
Broadway Financial Stock Performance
The company has a current ratio of 1.26, a quick ratio of 0.08 and a debt-to-equity ratio of 1.44. The firm's fifty day moving average price is $6.46 and its 200-day moving average price is $6.97. The firm has a market cap of $67.62 million, a price-to-earnings ratio of -92.69 and a beta of 0.73.
Broadway Financial (NASDAQ:BYFC - Get Free Report) last released its quarterly earnings results on Monday, April 28th. The savings and loans company reported ($0.14) earnings per share (EPS) for the quarter. The firm had revenue of $8.33 million for the quarter. Broadway Financial had a return on equity of 1.22% and a net margin of 2.59%.
Institutional Trading of Broadway Financial
A number of large investors have recently bought and sold shares of BYFC. Dimensional Fund Advisors LP increased its position in Broadway Financial by 29.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 21,559 shares of the savings and loans company's stock worth $148,000 after purchasing an additional 4,850 shares during the period. Wittenberg Investment Management Inc. lifted its holdings in Broadway Financial by 5.4% in the first quarter. Wittenberg Investment Management Inc. now owns 53,882 shares of the savings and loans company's stock valued at $386,000 after acquiring an additional 2,765 shares during the period. Finally, M3F Inc. boosted its position in shares of Broadway Financial by 56.7% during the 4th quarter. M3F Inc. now owns 249,450 shares of the savings and loans company's stock worth $1,709,000 after purchasing an additional 90,299 shares in the last quarter. Institutional investors and hedge funds 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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