CFSB Bancorp (NASDAQ:CFSB) Trading Up 5.2% – Here’s Why

CFSB Bancorp, Inc. (NASDAQ:CFSB)’s share price rose 5.2% during mid-day trading on Thursday . The stock traded as high as $7.96 and last traded at $7.96. Approximately 346 shares changed hands during trading, a decline of 93% from the average daily volume of 4,708 shares. The stock had previously closed at $7.57.

CFSB Bancorp Stock Performance

The stock’s 50 day simple moving average is $7.43 and its 200 day simple moving average is $6.97. The firm has a market cap of $50.20 million, a PE ratio of -766.50 and a beta of 0.10.

CFSB Bancorp (NASDAQ:CFSB) last announced its quarterly earnings data on Wednesday, January 29th. The company reported ($0.03) earnings per share for the quarter. CFSB Bancorp had a negative net margin of 0.36% and a negative return on equity of 0.06%.

Hedge Funds Weigh In On CFSB Bancorp

A hedge fund recently bought a new stake in CFSB Bancorp stock. Garden State Investment Advisory Services LLC purchased a new stake in shares of CFSB Bancorp, Inc. (NASDAQ:CFSB) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 21,000 shares of the company’s stock, valued at approximately $145,000. Garden State Investment Advisory Services LLC owned 0.32% of CFSB Bancorp as of its most recent SEC filing. Institutional investors and hedge funds own 1.39% of the company’s stock.

About CFSB Bancorp

CFSB Bancorp, Inc focuses on operating as a holding company for Colonial Federal Savings Bank that provides various financial services to individuals and small businesses. It accepts various deposits, including non-interest-bearing checking accounts, interest-bearing checking accounts, money market accounts, savings accounts, and certificates of deposit.