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

Catalyst Bancorp, Inc. (NASDAQ:CLST) traded down 0.3% on Friday . The stock traded as low as $15.92 and last traded at $15.9680. 2,663 shares changed hands during mid-day trading, a decline of 51% from the average session volume of 5,445 shares. The stock had previously closed at $16.01.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Catalyst Bancorp in a research report on Monday, April 20th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Catalyst Bancorp Stock Performance

The firm has a market cap of $64.67 million, a PE ratio of 29.03 and a beta of 0.11. The firm has a 50-day moving average price of $16.14 and a two-hundred day moving average price 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:CLST) last released its earnings results on Thursday, April 30th. The company reported $0.15 earnings per share for the quarter. The business 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

An institutional investor recently bought a new position in Catalyst Bancorp stock. Kestra Advisory Services LLC bought a new stake in Catalyst Bancorp, Inc. (NASDAQ:CLST) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 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 reporting period. Hedge funds and other institutional investors own 33.09% of the company’s stock.

Catalyst Bancorp Company Profile

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.