Catalyst Bancorp (NASDAQ:CLST) Trading Up 0.2% – Should You Buy?

Catalyst Bancorp, Inc. (NASDAQ:CLST) shares were up 0.2% during trading on Friday . The company traded as high as $11.70 and last traded at $11.68. Approximately 4,605 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 5,895 shares. The stock had previously closed at $11.66.

Catalyst Bancorp Stock Up 0.2 %

The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.25 and a current ratio of 1.25. The stock has a 50 day moving average price of $11.70 and a 200 day moving average price of $11.55. The company has a market cap of $50.71 million, a P/E ratio of -15.78 and a beta of 0.14.

Catalyst Bancorp (NASDAQ:CLST) last announced its earnings results on Thursday, January 23rd. The company reported $0.16 earnings per share (EPS) for the quarter.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Arcus Capital Partners LLC purchased a new position in Catalyst Bancorp in the fourth quarter valued at about $148,000. NewEdge Advisors LLC grew its stake in Catalyst Bancorp by 87.0% in the fourth quarter. NewEdge Advisors LLC now owns 21,500 shares of the company’s stock valued at $253,000 after purchasing an additional 10,000 shares in the last quarter. MassMutual Private Wealth & Trust FSB purchased a new position in Catalyst Bancorp in the fourth quarter valued at about $268,000. Renaissance Technologies LLC grew its stake in Catalyst Bancorp by 11.7% in the fourth quarter. Renaissance Technologies LLC now owns 25,275 shares of the company’s stock valued at $297,000 after purchasing an additional 2,640 shares in the last quarter. Finally, Wittenberg Investment Management Inc. purchased a new position in Catalyst Bancorp in the third quarter valued at about $416,000. 33.09% of the stock is owned by institutional investors and hedge funds.

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.