Catalyst Bancorp (NASDAQ:CLST) Releases Earnings Results

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

Catalyst Bancorp Stock Performance

Catalyst Bancorp stock opened at $11.61 on Thursday. Catalyst Bancorp has a fifty-two week low of $10.78 and a fifty-two week high of $12.10. The firm’s 50 day simple moving average is $11.68 and its 200-day simple moving average is $11.58. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 1.25. The company has a market cap of $50.39 million, a P/E ratio of -14.16 and a beta of 0.14.

Insider Buying and Selling

In other news, CEO Joseph B. Zanco bought 8,333 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were bought at an average cost of $11.79 per share, with a total value of $98,246.07. Following the purchase, the chief executive officer now directly owns 15,759 shares in the company, valued at $185,798.61. This trade represents a 112.21 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 5.90% of the company’s stock.

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.