CFSB Bancorp (NASDAQ:CFSB) Trading Up 0.1% – Still a Buy?

CFSB Bancorp, Inc. (NASDAQ:CFSB) was up 0.1% during trading on Tuesday . The company traded as high as $14.24 and last traded at $14.24. Approximately 51,846 shares changed hands during mid-day trading, an increase of 383% from the average daily volume of 10,734 shares. The stock had previously closed at $14.23.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “hold (c-)” rating on shares of CFSB Bancorp in a report on Wednesday, October 8th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

CFSB Bancorp Stock Up 0.1%

The business has a fifty day moving average of $14.10 and a 200 day moving average of $12.74. The firm has a market cap of $93.27 million, a P/E ratio of -356.00 and a beta of 0.50.

CFSB Bancorp (NASDAQ:CFSB) last released its quarterly earnings data on Thursday, September 18th. The company reported ($0.01) EPS for the quarter. The company had revenue of $2.08 million during the quarter. CFSB Bancorp had a negative net margin of 1.92% and a negative return on equity of 0.35%.

Institutional Trading of CFSB Bancorp

Several hedge funds have recently bought and sold shares of the stock. Skandinaviska Enskilda Banken AB publ bought a new position in CFSB Bancorp in the second quarter valued at approximately $383,000. Longfellow Investment Management Co. LLC acquired a new stake in shares of CFSB Bancorp during the second quarter worth $75,000. Finally, Geode Capital Management LLC lifted its position in CFSB Bancorp by 31.0% in the 2nd quarter. Geode Capital Management LLC now owns 24,642 shares of the company’s stock valued at $338,000 after acquiring an additional 5,826 shares in the last quarter. 1.39% of the stock is currently owned by institutional investors and hedge funds.

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.