Catalyst Bancorp (NASDAQ:CLST) Trading Up 1.8% – Here’s What Happened

Catalyst Bancorp, Inc. (NASDAQ:CLSTGet Free Report) shares traded up 1.8% during mid-day trading on Thursday . The stock traded as high as $17.93 and last traded at $17.6750. 1,024 shares were traded during trading, a decline of 54% from the average session volume of 2,226 shares. The stock had previously closed at $17.36.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Catalyst Bancorp in a research report on Friday, July 17th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Catalyst Bancorp currently has an average rating of “Hold”.

Check Out Our Latest Report on Catalyst Bancorp

Catalyst Bancorp Stock Performance

The company has a market cap of $69.96 million, a price-to-earnings ratio of 31.56 and a beta of 0.10. The business’s fifty day moving average price is $16.89 and its 200 day moving average price is $16.45. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.01 and a quick ratio of 1.03.

Catalyst Bancorp (NASDAQ:CLSTGet Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.14 earnings per share for the quarter. Catalyst Bancorp had a return on equity of 2.47% and a net margin of 12.99%.The company had revenue of $2.97 million during the quarter.

Insider Activity at Catalyst Bancorp

In other news, Director Kirk E. Kleiser sold 6,000 shares of the stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $16.04, for a total transaction of $96,240.00. Following the completion of the sale, the director directly owned 25,580 shares in the company, valued at $410,303.20. This represents a 19.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 10.10% of the company’s stock.

Institutional Trading of Catalyst Bancorp

An institutional investor recently bought a new position in Catalyst Bancorp stock. Kestra Advisory Services LLC acquired a new stake in Catalyst Bancorp, Inc. (NASDAQ:CLSTFree Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 25,000 shares of the company’s stock, valued at approximately $414,000. Kestra Advisory Services LLC owned 0.62% of Catalyst Bancorp at the end of the most recent reporting period. 33.09% of the stock is owned by institutional investors and hedge funds.

Catalyst Bancorp Company Profile

(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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