Catalyst Bancorp (NASDAQ:CLST) Shares Down 0.3% – Here’s What Happened

Catalyst Bancorp, Inc. (NASDAQ:CLSTGet Free Report)’s share price dropped 0.3% during trading on Friday . The stock traded as low as $15.92 and last traded at $15.9680. Approximately 2,663 shares traded hands during trading, a decline of 51% from the average daily volume of 5,445 shares. The stock had previously closed at $16.01.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Catalyst Bancorp in a report on Monday, April 20th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Catalyst Bancorp has an average rating of “Hold”.

Check Out Our Latest Stock Analysis on Catalyst Bancorp

Catalyst Bancorp Stock Down 0.3%

The company has a market cap of $64.67 million, a PE ratio of 29.03 and a beta of 0.11. The business has a 50-day simple moving average of $16.14 and a 200-day simple moving average of $15.88. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.12.

Catalyst Bancorp (NASDAQ:CLSTGet Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.15 earnings per share (EPS) for the quarter. The company had revenue of $2.91 million for the quarter. Catalyst Bancorp had a return on equity of 2.48% and a net margin of 13.09%.

Hedge Funds Weigh In On Catalyst Bancorp

A hedge fund recently bought a new stake in Catalyst Bancorp stock. Kestra Advisory Services LLC purchased a new position in shares of Catalyst Bancorp, Inc. (NASDAQ:CLSTFree Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 25,000 shares of the company’s stock, valued at approximately $414,000. Kestra Advisory Services LLC owned approximately 0.62% of Catalyst Bancorp at the end of the most recent quarter. 33.09% of the stock is owned by hedge funds and other institutional investors.

About Catalyst Bancorp

(Get Free Report)

Catalyst Bancorp, Inc (NASDAQ: CLST) is an Oklahoma-based bank holding company and the parent of Catalyst Bank, a community bank serving consumers and businesses across the state. Headquartered in Oklahoma City, the company offers a full suite of financial services designed to meet the needs of local individuals, families, professionals and commercial clients.

The company’s subsidiary provides traditional banking products including checking and savings accounts, certificates of deposit and digital banking services.

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