Broadway Financial (NASDAQ:BYFC – Get Free Report) released its quarterly earnings results on Monday. The savings and loans company reported $0.06 earnings per share for the quarter, Zacks reports. Broadway Financial had a net margin of 5.01% and a return on equity of 2.43%.
Broadway Financial Stock Up 5.1 %
Shares of NASDAQ BYFC opened at $8.28 on Monday. Broadway Financial has a 52 week low of $4.41 and a 52 week high of $9.46. The business has a 50-day simple moving average of $7.28 and a two-hundred day simple moving average of $6.64. The company has a quick ratio of 0.14, a current ratio of 1.38 and a debt-to-equity ratio of 2.26. The company has a market cap of $75.39 million, a P/E ratio of 28.54 and a beta of 0.72.
Analysts Set New Price Targets
Separately, StockNews.com assumed coverage on Broadway Financial in a research note on Sunday. They issued a “sell” rating for the company.
About Broadway Financial
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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