Summit Financial Wealth Advisors LLC Sells 2,600 Shares of Catalyst Bancorp, Inc. (NASDAQ:CLST)

Summit Financial Wealth Advisors LLC cut its position in shares of Catalyst Bancorp, Inc. (NASDAQ:CLST) by 9.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,200 shares of the company’s stock after selling 2,600 shares during the quarter. Summit Financial Wealth Advisors LLC owned about 0.55% of Catalyst Bancorp worth $276,000 at the end of the most recent reporting period.

Separately, Wittenberg Investment Management Inc. acquired a new position in Catalyst Bancorp in the third quarter valued at approximately $416,000. 33.09% of the stock is owned by institutional investors.

Catalyst Bancorp Price Performance

Catalyst Bancorp stock opened at $11.71 on Tuesday. The stock’s 50 day moving average price is $11.41 and its two-hundred day moving average price is $11.55. The stock has a market capitalization of $50.84 million, a price-to-earnings ratio of -14.28 and a beta of 0.12. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.25 and a current ratio of 1.25. Catalyst Bancorp, Inc. has a 52-week low of $10.60 and a 52-week high of $12.10.

Catalyst Bancorp (NASDAQ:CLST) last issued its earnings results on Thursday, October 24th. The company reported $0.11 earnings per share (EPS) for the quarter. The company had revenue of $4.29 million for the quarter. During the same quarter in the previous year, the company posted $0.03 earnings per share.

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.