Catalyst Bancorp (NASDAQ:CLST) Trading Down 0.2% - Here's What Happened

Key Points

• Catalyst Bancorp's share price decreased by 0.2%, trading at $13.17, with a volume decrease of 50% compared to the average session.
• The company reported quarterly earnings of $0.14 per share, with revenue of $2.81 million and a net margin of 13.74%.
• Montz Harcus Wealth Management LLC purchased a new position in Catalyst Bancorp, acquiring 30,000 shares valued at approximately $350,000.

Catalyst Bancorp, Inc. (NASDAQ:CLST - Get Free Report)'s share price fell 0.2% during mid-day trading on Tuesday . The company traded as low as $13.15 and last traded at $13.17. 1,971 shares changed hands during mid-day trading, a decline of 50% from the average session volume of 3,909 shares. The stock had previously closed at $13.20.

Catalyst Bancorp Stock Performance

The company has a market cap of $54.53 million, a P/E ratio of 23.11 and a beta of 0.17. The company's fifty day moving average is $12.77 and its 200 day moving average is $12.17. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.12.

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

Hedge Funds Weigh In On Catalyst Bancorp

An institutional investor recently bought a new position in Catalyst Bancorp stock. Montz Harcus Wealth Management LLC purchased a new position in Catalyst Bancorp, Inc. (NASDAQ:CLST - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 30,000 shares of the company's stock, valued at approximately $350,000. Montz Harcus Wealth Management LLC owned 0.71% 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 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.

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