Catalyst Bancorp (NASDAQ:CLST) Trading Up 1.5% - Should You Buy?

Key Points

• Catalyst Bancorp shares increased by 1.5% on Thursday, with the last trading price at $12.49, despite a significant decline in trading volume.
• The company reported a quarterly earnings per share (EPS) of $0.14 and a net margin of 13.74%, with quarterly revenue reaching $2.81 million.
• Institutional ownership stands at 33.09%, with notable increases in holdings from firms such as NewEdge Advisors LLC and Renaissance Technologies LLC.

Catalyst Bancorp, Inc. (NASDAQ:CLST - Get Free Report) was up 1.5% on Thursday . The stock traded as high as $12.49 and last traded at $12.49. Approximately 283 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 2,269 shares. The stock had previously closed at $12.31.

Catalyst Bancorp Trading Up 1.5%

The firm has a market cap of $52.21 million, a P/E ratio of 21.91 and a beta of 0.17. The company's 50 day moving average is $12.27 and its two-hundred day moving average is $11.82. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.13 and a quick ratio of 1.13.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. NewEdge Advisors LLC increased its holdings in Catalyst Bancorp by 87.0% in 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 during the period. Renaissance Technologies LLC lifted its holdings 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 worth $297,000 after acquiring an additional 2,640 shares during the period. Finally, Montz Harcus Wealth Management LLC acquired a new stake in shares of Catalyst Bancorp during the 1st quarter valued at about $350,000. 33.09% of the stock is owned by 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.

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