Catalyst Bancorp (NASDAQ:CLST) Stock Price Up 1.4% – Time to Buy?

Catalyst Bancorp, Inc. (NASDAQ:CLST)’s share price was up 1.4% on Thursday . The stock traded as high as $16.51 and last traded at $16.7950. 1,156 shares traded hands 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 reiterated a “hold (c)” rating on shares of Catalyst Bancorp in a research note on Monday, April 20th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, Catalyst Bancorp has an average rating of “Hold”.

Catalyst Bancorp Stock Performance

The firm has a fifty day simple moving average of $16.16 and a 200-day simple moving average of $16.08. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.12. The stock has a market cap of $68.02 million, a price-to-earnings ratio of 30.54 and a beta of 0.11.

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

Insider Buying and Selling

In other Catalyst Bancorp news, Director Kirk E. Kleiser sold 6,000 shares of the business’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 completion of the sale, the director directly owned 25,580 shares of the company’s stock, valued at approximately $410,303.20. The trade was a 19.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 10.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Catalyst Bancorp

An institutional investor recently bought a new stake in Catalyst Bancorp stock. Kestra Advisory Services LLC purchased a new position in shares of Catalyst Bancorp, Inc. (NASDAQ:CLST) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 25,000 shares of the company’s stock, valued at approximately $414,000. Kestra Advisory Services LLC owned about 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.

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.