Catalyst Bancorp (NASDAQ:CLST) Issues Earnings Results

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

Catalyst Bancorp Price Performance

Shares of NASDAQ:CLST opened at $11.61 on Thursday. The firm has a market cap of $50.39 million, a price-to-earnings ratio of -14.16 and a beta of 0.14. Catalyst Bancorp has a 1 year low of $10.78 and a 1 year high of $12.10. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.36. The business has a fifty day simple moving average of $11.68 and a 200 day simple moving average of $11.58.

Insider Buying and Selling at Catalyst Bancorp

In other news, CEO Joseph B. Zanco purchased 8,333 shares of Catalyst Bancorp stock in a transaction dated Monday, December 2nd. The stock was acquired at an average cost of $11.79 per share, for a total transaction of $98,246.07. Following the acquisition, 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 5.90% of the company’s stock.

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.