CFSB Bancorp (NASDAQ:CFSB) Stock Price Down 1.2% – Here’s What Happened

CFSB Bancorp, Inc. (NASDAQ:CFSB) was down 1.2% on Tuesday . The company traded as low as $8.00 and last traded at $7.99. Approximately 161 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 4,434 shares. The stock had previously closed at $8.09.

CFSB Bancorp Trading Down 1.2 %

The company has a market cap of $52.33 million, a price-to-earnings ratio of -799.00 and a beta of 0.10. The business has a fifty day moving average of $7.72 and a two-hundred day moving average of $7.25.

CFSB Bancorp (NASDAQ:CFSB) last released its quarterly earnings results on Wednesday, January 29th. The company reported ($0.03) earnings per share for the quarter. CFSB Bancorp had a negative return on equity of 0.06% and a negative net margin of 0.36%.

Hedge Funds Weigh In On CFSB Bancorp

A hedge fund recently bought a new stake in CFSB Bancorp stock. Garden State Investment Advisory Services LLC purchased a new position in CFSB Bancorp, Inc. (NASDAQ:CFSB) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 21,000 shares of the company’s stock, valued at approximately $145,000. Garden State Investment Advisory Services LLC owned 0.32% of CFSB Bancorp at the end of the most recent quarter. 1.39% of the stock is owned by institutional investors and hedge funds.

About CFSB Bancorp

CFSB Bancorp, Inc focuses on operating as a holding company for Colonial Federal Savings Bank that provides various financial services to individuals and small businesses. It accepts various deposits, including non-interest-bearing checking accounts, interest-bearing checking accounts, money market accounts, savings accounts, and certificates of deposit.