Broadway Financial (NASDAQ:BYFC) Stock Crosses Below Fifty Day Moving Average of $1.85

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Shares of Broadway Financial Corp (NASDAQ:BYFC) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $1.85 and traded as low as $1.66. Broadway Financial shares last traded at $1.66, with a volume of 2,495 shares.

Separately, ValuEngine cut Broadway Financial from a “hold” rating to a “sell” rating in a research report on Wednesday, September 4th.

The company has a current ratio of 1.34, a quick ratio of 1.25 and a debt-to-equity ratio of 1.63. The stock has a 50-day simple moving average of $1.85 and a 200-day simple moving average of $1.52. The company has a market cap of $46.26 million, a price-to-earnings ratio of 59.33 and a beta of 1.27.

Broadway Financial (NASDAQ:BYFC) last issued its quarterly earnings results on Wednesday, August 7th. The savings and loans company reported ($0.01) EPS for the quarter. Broadway Financial had a net margin of 6.72% and a return on equity of 1.98%. The business had revenue of $2.60 million for the quarter.

Broadway Financial Company Profile (NASDAQ:BYFC)

Broadway Financial Corporation operates as the holding company for Broadway Federal Bank, f.s.b. that engages in the savings and loan business in Southern California. It accepts various deposit products, such as savings accounts, checking accounts, NOW accounts, money market accounts, and fixed-term certificates of deposit.

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