Shares of Broadway Financial Corporation (NASDAQ:BYFC - Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $6.97 and traded as low as $6.05. Broadway Financial shares last traded at $6.26, with a volume of 34,687 shares.
Wall Street Analyst Weigh In
Separately, Wall Street Zen assumed coverage on Broadway Financial in a report on Sunday, May 18th. They set a "sell" rating on the stock.
Read Our Latest Stock Report on Broadway Financial
Broadway Financial Price Performance
The business has a fifty day moving average of $6.36 and a 200-day moving average of $6.97. The firm has a market cap of $57.09 million, a PE ratio of -78.25 and a beta of 0.71. The company has a current ratio of 1.26, a quick ratio of 0.08 and a debt-to-equity ratio of 1.44.
Broadway Financial (NASDAQ:BYFC - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The savings and loans company reported ($0.14) earnings per share (EPS) for the quarter. The company 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
Institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP raised its holdings in shares of Broadway Financial by 29.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 21,559 shares of the savings and loans company's stock valued at $148,000 after acquiring an additional 4,850 shares in the last quarter. Wittenberg Investment Management Inc. raised its holdings in shares of Broadway Financial by 5.4% in the 1st 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 in the last quarter. Finally, M3F Inc. raised its holdings in shares of Broadway Financial by 56.7% in the 4th quarter. M3F Inc. now owns 249,450 shares of the savings and loans company's stock valued at $1,709,000 after acquiring an additional 90,299 shares in the last quarter. Hedge funds and other institutional investors own 12.12% of the company's stock.
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Broadway Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Broadway Financial wasn't on the list.
While Broadway Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
