Catalyst Bancorp (NASDAQ:CLST) Issues Quarterly Earnings Results

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

Catalyst Bancorp Stock Performance

CLST stock opened at $11.61 on Thursday. The company has a 50 day moving average price of $11.68 and a 200 day moving average price of $11.58. Catalyst Bancorp has a fifty-two week low of $10.78 and a fifty-two week high of $12.10. 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 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 at Catalyst Bancorp

In other Catalyst Bancorp news, CEO Joseph B. Zanco purchased 8,333 shares of the stock in a transaction dated Monday, December 2nd. The stock was bought at an average price of $11.79 per share, for a total transaction of $98,246.07. Following the transaction, the chief executive officer now directly owns 15,759 shares in the company, valued at $185,798.61. This represents a 112.21 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Corporate 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.