Catalyst Bancorp (NASDAQ:CLST) Shares Down 1.2% – Time to Sell?

Catalyst Bancorp, Inc. (NASDAQ:CLST)’s share price traded down 1.2% during trading on Friday . The stock traded as low as $17.80 and last traded at $17.7960. 3,260 shares were traded during mid-day 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 reiterated 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, According to data from MarketBeat.com, Catalyst Bancorp has a consensus rating of “Hold”.

Catalyst Bancorp Stock Performance

The company has a market cap of $71.72 million, a P/E ratio of 32.36 and a beta of 0.11. The firm has a 50 day moving average of $17.23 and a 200-day moving average of $16.63. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.12.

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

Institutional Trading of Catalyst Bancorp

A hedge fund recently bought a new position in Catalyst Bancorp stock. Kestra Advisory Services LLC acquired a new position in Catalyst Bancorp, Inc. (NASDAQ:CLST) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 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 reporting period. Institutional investors and hedge funds 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.