Catalyst Bancorp (NASDAQ:CLST) Trading Down 0.9% – Should You Sell?

Shares of Catalyst Bancorp, Inc. (NASDAQ:CLST) dropped 0.9% during trading on Thursday . The stock traded as low as $16.76 and last traded at $16.76. 719 shares were traded during trading, a decline of 73% from the average daily volume of 2,703 shares. The stock had previously closed at $16.92.

Analysts Set New Price Targets

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

Catalyst Bancorp Stock Up 1.9%

The stock has a fifty day moving average price of $16.42 and a 200-day moving average price of $16.23. The firm has a market cap of $69.17 million, a PE ratio of 31.05 and a beta of 0.11. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.03 and a current ratio of 1.03.

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

Insider Activity at Catalyst Bancorp

In related news, Director Kirk E. Kleiser sold 6,000 shares of Catalyst Bancorp 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 in the company, valued at approximately $410,303.20. The trade was a 19.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 10.10% of the company’s stock.

Institutional Trading of Catalyst Bancorp

A hedge fund recently bought a new stake in Catalyst Bancorp stock. Kestra Advisory Services LLC bought a new position in Catalyst Bancorp, Inc. (NASDAQ:CLST) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 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. Institutional investors and hedge funds 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.