CFSB Bancorp (NASDAQ:CFSB) Receives "Hold (C-)" Rating from Weiss Ratings

Key Points

• CFSB Bancorp's stock has been reissued a "hold (C-)" rating by Weiss Ratings.
• The company's recent earnings report revealed a net loss, with earnings per share at ($0.01) and a revenue of $2.08 million.
• Shares of CFSB Bancorp traded at $14.12, with a 52-week low of $6.41 and a high of $14.24.

CFSB Bancorp (NASDAQ:CFSB - Get Free Report)'s stock had its "hold (c-)" rating reissued by investment analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

CFSB Bancorp Stock Performance

Shares of NASDAQ:CFSB traded down $0.02 during trading on Wednesday, reaching $14.12. The stock had a trading volume of 708 shares, compared to its average volume of 4,075. The business has a fifty day moving average price of $14.03 and a 200-day moving average price of $12.04. CFSB Bancorp has a fifty-two week low of $6.41 and a fifty-two week high of $14.24.

CFSB Bancorp (NASDAQ:CFSB - Get Free Report) last posted its quarterly earnings data on Thursday, September 18th. The company reported ($0.01) earnings per share for the quarter. The firm had revenue of $2.08 million during the quarter. CFSB Bancorp had a negative net margin of 1.92% and a negative return on equity of 0.35%.

Institutional Investors Weigh In On CFSB Bancorp

A number of institutional investors have recently bought and sold shares of the stock. Skandinaviska Enskilda Banken AB publ purchased a new stake in CFSB Bancorp in the second quarter valued at approximately $383,000. Geode Capital Management LLC grew its holdings in CFSB Bancorp by 31.0% in the second quarter. Geode Capital Management LLC now owns 24,642 shares of the company's stock valued at $338,000 after purchasing an additional 5,826 shares during the period. Finally, Longfellow Investment Management Co. LLC purchased a new stake in CFSB Bancorp in the second quarter valued at approximately $75,000. 1.39% of the stock is currently owned by hedge funds and other institutional investors.

CFSB Bancorp Company Profile

CFSB Bancorp, Inc focuses on operating as a holding company for Colonial Federal Savings Bank that provides various financial services to individuals and small businesses. It accepts various deposits, including non-interest-bearing checking accounts, interest-bearing checking accounts, money market accounts, savings accounts, and certificates of deposit.

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