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

Broadway Financial Corporation (NASDAQ:BYFC) shares passed 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 traded.

Analyst Ratings Changes

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

Broadway Financial Trading Up 1.6%

The firm has a 50-day moving average price of $11.63 and a 200-day moving average price of $9.82. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.05 and a current ratio of 0.98. The stock has a market cap of $108.67 million, a PE ratio of -4.32 and a beta of 0.83.

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.