Catalyst Bancorp (NASDAQ:CLST) Trading Up 0.8% - What's Next?

Key Points

• Catalyst Bancorp's shares have risen by 0.8% to a trading price of $12.70, with a significant decrease in trading volume, down 61% from the average.
• The company reported a quarterly EPS of $0.14 and had a net margin of 13.74%, highlighting its financial performance for the recent quarter.
• Institutional investors own 33.09% of the company's stock, with notable activity including significant stake increases by NewEdge Advisors and Renaissance Technologies.

Catalyst Bancorp, Inc. (NASDAQ:CLST - Get Free Report)'s share price rose 0.8% during trading on Friday . The stock traded as high as $12.70 and last traded at $12.70. Approximately 980 shares traded hands during trading, a decline of 61% from the average daily volume of 2,520 shares. The stock had previously closed at $12.60.

Catalyst Bancorp Price Performance

The company has a debt-to-equity ratio of 0.12, a current ratio of 1.13 and a quick ratio of 1.13. The company has a market capitalization of $53.70 million, a PE ratio of 22.75 and a beta of 0.17. The firm has a 50-day moving average of $12.47 and a 200 day moving average of $11.93.

Catalyst Bancorp (NASDAQ:CLST - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The company reported $0.14 EPS for the quarter. The company had revenue of $2.81 million for the quarter. Catalyst Bancorp had a return on equity of 2.70% and a net margin of 13.74%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of CLST. Graham Capital Wealth Management LLC lifted its position in shares of Catalyst Bancorp by 8.9% during the 2nd quarter. Graham Capital Wealth Management LLC now owns 198,940 shares of the company's stock valued at $2,465,000 after buying an additional 16,324 shares in the last quarter. Montz Harcus Wealth Management LLC purchased a new position in shares of Catalyst Bancorp during the 1st quarter valued at about $350,000. Renaissance Technologies LLC lifted its position in shares of Catalyst Bancorp by 11.7% during the 4th quarter. Renaissance Technologies LLC now owns 25,275 shares of the company's stock valued at $297,000 after buying an additional 2,640 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in shares of Catalyst Bancorp by 87.0% during the 4th quarter. NewEdge Advisors LLC now owns 21,500 shares of the company's stock valued at $253,000 after buying an additional 10,000 shares in the last quarter. 33.09% of the stock is owned by hedge funds and other institutional investors.

About Catalyst Bancorp

Catalyst Bancorp, Inc operates as a holding company for Catalyst Bank that provides various banking services to individuals and businesses in Louisiana. The company accepts various deposit products, including savings accounts, demand and NOW accounts, money market accounts, and certificates of deposit.