Catalyst Bancorp (NASDAQ:CLST) Trading 1.4% Higher – What’s Next?

Catalyst Bancorp, Inc. (NASDAQ:CLST) shares rose 1.4% during mid-day trading on Thursday . The stock traded as high as $16.51 and last traded at $16.7950. Approximately 1,156 shares were traded during trading, a decline of 51% from the average session volume of 2,380 shares. The stock had previously closed at $16.56.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Catalyst Bancorp in a research note on Monday, April 20th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold”.

Catalyst Bancorp Stock Up 1.4%

The firm has a 50-day moving average of $16.14 and a two-hundred day moving average of $16.08. The firm has a market cap of $68.02 million, a price-to-earnings ratio of 30.54 and a beta of 0.11. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.12.

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

Insider Activity

In related news, Director Kirk E. Kleiser sold 6,000 shares of the business’s 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 transaction, the director owned 25,580 shares of the company’s stock, valued at approximately $410,303.20. The trade was a 19.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 10.10% of the company’s stock.

Institutional Trading of Catalyst Bancorp

A hedge fund recently bought a new position in Catalyst Bancorp stock. Kestra Advisory Services LLC acquired a new stake in shares of Catalyst Bancorp, Inc. (NASDAQ:CLST) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 25,000 shares of the company’s stock, valued at approximately $414,000. Kestra Advisory Services LLC owned 0.62% of Catalyst Bancorp as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 33.09% of the company’s stock.

About Catalyst Bancorp

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.