Weiss Ratings Reiterates Hold (C) Rating for Catalyst Bancorp (NASDAQ:CLST)

Key Points

• Weiss Ratings has reiterated a "hold (C)" rating for Catalyst Bancorp (NASDAQ:CLST), indicating a cautious stance on the stock's performance.
• Catalyst Bancorp's stock recently traded at $13.34 with a market capitalization of $55.23 million, reflecting a trading volume above its average.
• An institutional investor, Montz Harcus Wealth Management LLC, recently acquired a new position in Catalyst Bancorp, purchasing approximately 30,000 shares valued at around $350,000.

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

Catalyst Bancorp Trading Up 0.2%

CLST stock traded up $0.02 during trading on Wednesday, hitting $13.34. The company had a trading volume of 5,428 shares, compared to its average volume of 3,914. Catalyst Bancorp has a 52-week low of $10.67 and a 52-week high of $14.23. The company has a 50 day simple moving average of $12.89 and a 200-day simple moving average of $12.23. The firm has a market capitalization of $55.23 million, a P/E ratio of 23.37 and a beta of 0.18. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.12.

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

Institutional Trading of Catalyst Bancorp

An institutional investor recently bought a new position in Catalyst Bancorp stock. Montz Harcus Wealth Management LLC acquired a new position in Catalyst Bancorp, Inc. (NASDAQ:CLST - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 30,000 shares of the company's stock, valued at approximately $350,000. Montz Harcus Wealth Management LLC owned approximately 0.71% of Catalyst Bancorp as of its most recent SEC filing. 33.09% of the stock is owned by institutional investors.

Catalyst Bancorp Company Profile

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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