Catalyst Bancorp (NASDAQ:CLST) Trading Up 1.5% - What's Next?

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)'s stock price was up 1.5% during trading on Thursday . The stock traded as high as $12.49 and last traded at $12.49. Approximately 283 shares changed hands during 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 Down 0.2%

The firm's 50 day moving average is $12.30 and its 200 day moving average is $11.84. The company has a market cap of $51.73 million, a PE ratio of 21.71 and a beta of 0.17. 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 released its quarterly earnings results on Thursday, July 24th. The company reported $0.14 EPS for the quarter. The business had revenue of $2.81 million during the quarter. Catalyst Bancorp had a net margin of 13.74% and a return on equity of 2.70%.

Institutional Investors Weigh In On Catalyst Bancorp

A number of hedge funds have recently made changes to their positions in the business. NewEdge Advisors LLC raised its holdings in 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 during the last quarter. Renaissance Technologies LLC grew its position in shares of Catalyst Bancorp by 11.7% in the 4th quarter. Renaissance Technologies LLC now owns 25,275 shares of the company's stock worth $297,000 after buying an additional 2,640 shares during the period. Finally, Montz Harcus Wealth Management LLC purchased a new stake in Catalyst Bancorp during the 1st quarter valued at about $350,000. 33.09% of the stock is currently 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.