The Coastway Bancorp Inc. (CWAY) Raised to “C” at TheStreet

The Coastway Bancorp Inc. (CWAY) Raised to “C” at TheStreet

Coastway Bancorp Inc. (NASDAQ:CWAY) was upgraded by investment analysts at TheStreet from a “d” rating to a “c” rating in a note issued to investors on Tuesday.

Shares of Coastway Bancorp (NASDAQ:CWAY) traded up 0.15% during trading on Tuesday, hitting $16.30. 622 shares of the company’s stock were exchanged. Coastway Bancorp has a one year low of $12.10 and a one year high of $16.50. The firm has a 50-day moving average price of $15.44 and a 200-day moving average price of $13.67. The stock has a market cap of $67.06 million, a P/E ratio of 20.95 and a beta of 0.38.

About Coastway Bancorp

Coastway Bancorp, Inc is a bank holding company for Coastway Community Bank (the Bank), which is a chartered stock savings bank. The Company’s subsidiary, the Bank, provides a range of financial services to individuals, families and businesses throughout Rhode Island from over nine banking offices. The Bank’s principal business consists of retail deposits from the general public in its market area and investing those deposits, together with funds generated from operations and borrowings, in one- to four-family residential real estate loans, other loans, home equity loans and lines of credit, commercial real estate loans, the United States small business administration (SBA) loans, commercial business loans, commercial construction loans and consumer loans.

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