Catalyst Bancorp (NASDAQ:CLST) Shares Down 1.2% – Here’s Why

Catalyst Bancorp, Inc. (NASDAQ:CLST)’s stock price fell 1.2% on Friday . The stock traded as low as $17.80 and last traded at $17.7960. Approximately 3,260 shares changed hands during trading, an increase of 1% from the average session volume of 3,225 shares. The stock had previously closed at $18.02.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued 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, Based on data from MarketBeat, the stock has an average rating of “Hold”.

Catalyst Bancorp Stock Performance

The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $71.72 million, a PE ratio of 32.36 and a beta of 0.11. The firm’s fifty day moving average price is $17.23 and its 200 day moving average price is $16.63.

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

Institutional Investors Weigh In On Catalyst Bancorp

An institutional investor recently bought a new position in Catalyst Bancorp stock. Kestra Advisory Services LLC purchased a new stake in Catalyst Bancorp, Inc. (NASDAQ:CLST) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 25,000 shares of the company’s stock, valued at approximately $414,000. Kestra Advisory Services LLC owned approximately 0.62% of Catalyst Bancorp as of its most recent filing with the SEC. 33.09% of the stock is currently owned by institutional investors.

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.