Catalyst Bancorp (NASDAQ:CLST) Shares Down 0.9% – Here’s Why

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 traded hands during mid-day trading, a decline of 73% from the average session volume of 2,703 shares. The stock had previously closed at $16.92.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Catalyst Bancorp in a research note on Friday, July 17th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Catalyst Bancorp Trading Down 0.9%

The stock has a market capitalization of $67.88 million, a PE ratio of 30.47 and a beta of 0.11. The stock’s 50 day moving average price is $16.39 and its 200-day moving average price is $16.22. 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 company had revenue of $2.91 million for the quarter. Catalyst Bancorp had a net margin of 13.09% and a return on equity of 2.48%.

Insider Buying and Selling

In other Catalyst Bancorp news, Director Kirk E. Kleiser sold 6,000 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $16.04, for a total transaction of $96,240.00. Following the sale, the director directly owned 25,580 shares of the company’s stock, valued at $410,303.20. This trade represents a 19.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 10.10% of the stock is currently owned by corporate insiders.

Institutional Trading of Catalyst Bancorp

A hedge fund recently bought a new stake in Catalyst Bancorp stock. Kestra Advisory Services LLC bought a new stake in shares of Catalyst Bancorp, Inc. (NASDAQ:CLST) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm 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 quarter. 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.