Citizens (NASDAQ:CIZN) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Citizens Holding (NASDAQ:CIZN)’s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $9.38 and traded as high as $9.38. Citizens shares last traded at $9.25, with a volume of 4,826 shares changing hands.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Citigroup initiated coverage on shares of Citizens in a research note on Monday. They set a “market outperform” rating for the company. Deutsche Bank Aktiengesellschaft set a $18.00 price objective on shares of Citizens in a research note on Thursday, May 28th. Finally, UBS Group set a $30.00 target price on shares of Citizens in a report on Monday, June 15th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $24.00.

Citizens Trading Down 1.3%

The company has a market capitalization of $52.67 million, a PE ratio of 9.44 and a beta of 0.06. The firm has a 50 day simple moving average of $9.38 and a two-hundred day simple moving average of $8.91.

Citizens Company Profile

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.