Catalyst Bancorp (NASDAQ:CLST) Issues Quarterly Earnings Results

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

Catalyst Bancorp Trading Up 0.5 %

NASDAQ:CLST opened at $11.61 on Thursday. 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 business’s 50-day simple moving average is $11.68 and its 200-day simple moving average is $11.58. Catalyst Bancorp has a fifty-two week low of $10.78 and a fifty-two week high of $12.10. The stock has a market capitalization of $50.39 million, a PE ratio of -14.16 and a beta of 0.14.

Insider Buying and Selling

In related news, CEO Joseph B. Zanco bought 8,333 shares of Catalyst Bancorp stock in a transaction that occurred on Monday, December 2nd. The stock was purchased 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 owns 15,759 shares in the company, valued at approximately $185,798.61. This trade represents a 112.21 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 5.90% of the stock is owned by company insiders.

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.