ValuEngine lowered shares of Central Federal (NASDAQ:CFBK) from a hold rating to a sell rating in a research report sent to investors on Monday, ValuEngine reports.

NASDAQ CFBK opened at $10.44 on Monday. The firm’s 50-day moving average is $13.20 and its two-hundred day moving average is $13.26. Central Federal has a 12 month low of $8.44 and a 12 month high of $15.00. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.14 and a quick ratio of 0.96. The stock has a market capitalization of $54.81 million, a P/E ratio of 5.00 and a beta of 0.52.

A hedge fund recently bought a new stake in Central Federal stock. Eidelman Virant Capital purchased a new position in shares of Central Federal Co. (NASDAQ:CFBK) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 29,436 shares of the savings and loans company’s stock, valued at approximately $411,000. Eidelman Virant Capital owned approximately 0.55% of Central Federal as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 18.84% of the company’s stock.

About Central Federal

Central Federal Corporation operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States. The company accepts savings, retail and business checking, and money market accounts, as well as certificates of deposit. It also offers single-family mortgage loans; commercial real estate and multi-family residential mortgage loans; commercial loans; construction and land loans; and consumer loans, such as home equity lines of credit, automobile loans, home improvement loans, and loans secured by deposits, as well as other loans.

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