Broadway Monetary (NASDAQ:BYFC) Inventory Value Down 5.4%

George T. Taft

Broadway Economical Co. (NASDAQ:BYFC)’s inventory value fell 5.4% during mid-working day trading on Friday . The organization traded as very low as $2.08 and very last traded at $2.09. 622,746 shares improved arms through mid-working day trading, a drop of 66% from the average session volume of 1,849,605 shares. The inventory had earlier shut at $2.21.

The stock’s 50 day shifting common value is $1.84 and its 200 day going average value is $1.82. The enterprise has a recent ratio of 1.44, a swift ratio of 1.31 and a debt-to-fairness ratio of 2.41.

Broadway Fiscal (NASDAQ:BYFC) past posted its earnings benefits on Tuesday, November 10th. The price savings and financial loans firm noted ($.01) earnings for every share (EPS) for the quarter. Broadway Monetary experienced a unfavorable return on equity of .26% and a negative web margin of .69%. The company experienced revenue of $3.58 million for the quarter.

Institutional buyers and hedge money have lately manufactured changes to their positions in the inventory. Quinn Chance Partners LLC purchased a new situation in Broadway Money throughout the 3rd quarter value $55,000. Boothbay Fund Administration LLC purchased a new place in Broadway Fiscal through the 3rd quarter worth $103,000. Virtu Money LLC purchased a new placement in Broadway Financial through the third quarter really worth $129,000. US Bancorp DE acquired a new situation in Broadway Monetary for the duration of the third quarter worthy of $258,000. Ultimately, Grace & White Inc. NY bought a new place in Broadway Monetary throughout the third quarter truly worth $258,000. Hedge cash and other institutional traders possess 4.11% of the company’s stock.

Broadway Financial Firm Profile (NASDAQ:BYFC)

Broadway Monetary Company operates as the keeping company for Broadway Federal Lender, f.s.b. that supplies several banking solutions and companies in the United States. It accepts a variety of deposit accounts, together with discounts accounts, checking accounts, NOW accounts, dollars market place accounts, and fixed-time period certificates of deposit.

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