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Central Federal (NASDAQ:CFBK) was downgraded by research analysts at TheStreet from a “hold” rating to a “sell” rating in a report released on Monday.

The analysts wrote, “Central Federal (CFBK) has been downgraded by TheStreet Ratings from hold to sell. The area that we feel has been the company’s primary weakness has been its relatively poor performance when compared with the S&P 500 during the past year.”

Shares of Central Federal (NASDAQ:CFBK) remained flat at $1.4899 during during mid-day trading trading on Monday. Central Federal has a 52 week low of $1.29 and a 52 week high of $1.78. The stock’s 50-day moving average is $1.50 and its 200-day moving average is $1.44. The company’s market cap is $23.6 million.

Central Federal Corporation is a holding company for CFBank in connection with CFBank’s conversion from a mutual to stock form of organization.

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