Broadway Financial (NASDAQ:BYFC) Stock Crosses Above 50-Day Moving Average – What’s Next?

Broadway Financial Corporation (NASDAQ:BYFC) shares crossed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $11.63 and traded as high as $11.80. Broadway Financial shares last traded at $11.71, with a volume of 4,988 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Broadway Financial in a report on Friday, September 4th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Broadway Financial Price Performance

The business’s 50 day moving average price is $11.63 and its 200 day moving average price is $9.82. The stock has a market capitalization of $108.67 million, a P/E ratio of -4.32 and a beta of 0.83. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.98 and a quick ratio of 0.05.

Broadway Financial Company Profile

Broadway Financial Corporation is a bank holding company for City First Bank, N.A., a community development financial institution (CDFI) and minority depository institution. The bank provides commercial banking services to businesses, nonprofit organizations, community development projects and individual customers. Its products and services include commercial real estate lending, multifamily and affordable-housing financing, small-business loans, construction and community development lending, commercial deposit accounts and treasury management services.