Broadway Financial (NASDAQ:BYFC) Stock Price Passes Below 200 Day Moving Average - Time to Sell?

Broadway Financial Corporation (NASDAQ:BYFC - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $7.03 and traded as low as $6.00. Broadway Financial shares last traded at $6.0450, with a volume of 23,150 shares changing hands.Get Broadway Financial alerts:Analysts Set New Price TargetsSeparately, Weiss Ratings restated a "sell (d)" rating on shares of Broadway Financial in a research note on Monday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of "Sell".View Our Latest Stock Report on Broadway FinancialBroadway Financial Stock PerformanceThe business has a 50-day moving average of $6.27 and a two-hundred day moving average of $7.03. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.15 and a quick ratio of 0.03. The company has a market cap of $55.61 million, a P/E ratio of -46.50 and a beta of 0.72. Institutional Inflows and OutflowsAn institutional investor recently raised its position in Broadway Financial stock. M3F Inc. lifted its stake in Broadway Financial Corporation (NASDAQ:BYFC - Free Report) by 19.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 409,685 shares of the savings and loans company's stock after purchasing an additional 65,463 shares during the quarter. Broadway Financial comprises about 0.8% of M3F Inc.'s portfolio, making the stock its 23rd largest holding. M3F Inc. owned about 4.46% of Broadway Financial worth $2,933,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 12.12% of the company's stock. Broadway Financial Company Profile (Get Free Report)Broadway Financial Corporation is a bank holding company based in Los Angeles, California. Through its wholly owned subsidiary, Broadway Federal Bank, the company provides retail and commercial banking products and services. Its offerings include deposit accounts such as checking, savings and certificates of deposit, along with consumer loans, mortgage financing and small-business lending. Founded in 1946, Broadway Financial has established a presence throughout the Southern California region, focusing on personalized service for individuals, families and small- to mid-sized enterprises.Featured ArticlesFive stocks we like better than Broadway FinancialDo not delete, read immediatelyINVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting OffDo you know what Amazon is planning for January 1?Can Any Expenses Be Deducted From Capital Gains Tax?Buffett, Gates and Bezos Quietly Dumping Stocks—Here's WhyThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Broadway Financial Right Now?Before you consider Broadway Financial, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Broadway Financial wasn't on the list.While Broadway Financial currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here