Citizens (NASDAQ:CIZN) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Shares of Citizens Holding (NASDAQ:CIZN) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $8.77 and traded as high as $9.70. Citizens shares last traded at $9.45, with a volume of 725 shares changing hands.

Analysts Set New Price Targets

A number of research firms recently weighed in on CIZN. Canaccord Genuity Group raised Citizens to an “overweight” rating in a research report on Thursday, December 4th. UBS Group restated a “market outperform” rating on shares of Citizens in a report on Monday, March 2nd. Raymond James Financial set a $25.00 price target on shares of Citizens in a research note on Monday, January 5th. Finally, Citigroup restated a “market outperform” rating on shares of Citizens in a research note on Monday, March 2nd. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Citizens presently has a consensus rating of “Buy” and an average target price of $24.00.

Citizens Stock Performance

The company’s 50 day simple moving average is $8.82 and its 200-day simple moving average is $7.64. The firm has a market cap of $52.97 million, a P/E ratio of 9.51 and a beta of -0.03.

About Citizens

Citizens Holding Company (NASDAQ:CIZN) is the bank holding company for Citizens Bank & Trust, a community‐focused financial institution headquartered in Guntersville, Alabama. Through its subsidiary, Citizens Bank & Trust, the company provides a full range of commercial and retail banking services to individuals, small businesses and corporate clients. Its offerings include deposit accounts, consumer and commercial loans, mortgage financing, and other traditional banking products.

In addition to core lending and deposit services, Citizens Bank & Trust offers wealth management and trust services, including investment advisory, retirement planning and estate administration.