Shares of Broadway Financial (NASDAQ:BYFC) opened at $2.43 on Tuesday. The company has a quick ratio of 1.30, a current ratio of 1.38 and a debt-to-equity ratio of 1.89. Broadway Financial has a 12 month low of $1.47 and a 12 month high of $2.67. The stock has a market capitalization of $66.70, a P/E ratio of 14.29 and a beta of 0.17.
Separately, ValuEngine downgraded Broadway Financial from a “buy” rating to a “hold” rating in a research note on Friday, December 1st.
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Broadway Financial Corporation is a savings and loan holding company. The Company is engaged in the savings and loan business through its subsidiary, Broadway Federal Bank, f.s.b. (the Bank). The Bank is a community-oriented savings institution. The Bank’s business consists of deposits from the general public and using such deposits, together with borrowings and other funds, to make mortgage loans secured by residential properties with over five or more units (multi-family); commercial real estate, and residential properties with one-to four-units (single family).
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