Catalyst Bancorp (NASDAQ:CLST) Issues Quarterly Earnings Results

Catalyst Bancorp (NASDAQ:CLST) issued its quarterly earnings results on Thursday. The company reported $0.14 earnings per share for the quarter, Zacks reports. Catalyst Bancorp had a return on equity of 2.48% and a net margin of 13.09%.

Catalyst Bancorp Stock Performance

CLST traded down $0.03 on Thursday, reaching $16.68. 1,441 shares of the stock were exchanged, compared to its average volume of 5,060. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.03 and a quick ratio of 1.03. The company’s 50-day moving average price is $16.47 and its 200 day moving average price is $16.26. The firm has a market capitalization of $67.57 million, a PE ratio of 30.32 and a beta of 0.11. Catalyst Bancorp has a fifty-two week low of $12.40 and a fifty-two week high of $18.16.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Catalyst Bancorp in a research note on Friday, July 17th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Catalyst Bancorp presently has a consensus rating of “Hold”.

Insider Buying and Selling at Catalyst Bancorp

In other news, Director Kirk E. Kleiser sold 6,000 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $16.04, for a total value of $96,240.00. Following the completion of the transaction, the director directly owned 25,580 shares in the company, valued at $410,303.20. This trade represents a 19.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 10.10% of the company’s stock.

Catalyst Bancorp Company Profile

Catalyst Bancorp, Inc (NASDAQ: CLST) is an Oklahoma-based bank holding company and the parent of Catalyst Bank, a community bank serving consumers and businesses across the state. Headquartered in Oklahoma City, the company offers a full suite of financial services designed to meet the needs of local individuals, families, professionals and commercial clients.

The company’s subsidiary provides traditional banking products including checking and savings accounts, certificates of deposit and digital banking services.