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

Citizens Holding (NASDAQ:CIZN)’s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $10.46 and traded as high as $10.50. Citizens shares last traded at $10.36, with a volume of 5,544 shares trading hands.

Analyst Upgrades and Downgrades

CIZN has been the topic of several recent analyst reports. UBS Group set a $8.00 price target on Citizens in a research note on Thursday, September 10th. Nomura set a $12.00 price objective on shares of Citizens in a research report on Friday, August 28th. Deutsche Bank Aktiengesellschaft set a $18.00 target price on shares of Citizens in a research report on Thursday, May 28th. Citigroup assumed coverage on Citizens in a report on Monday, September 14th. They set a “market outperform” rating on the stock. Finally, CLSA set a $8.00 target price on Citizens in a report on Monday, July 20th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $14.17.

Citizens Stock Down 0.4%

The company’s 50 day moving average price is $10.47 and its 200-day moving average price is $9.76. The stock has a market cap of $59.46 million, a P/E ratio of 10.66 and a beta of 0.04.

About Citizens

Citizens Holding Company was a bank holding company headquartered in Philadelphia, Mississippi. Through its principal subsidiary, Citizens Bank, the company provided community banking services to individuals, businesses, agricultural customers and public-sector organizations.

Citizens Bank offered deposit products such as checking and savings accounts, certificates of deposit and related cash-management services. Its lending activities included commercial and industrial loans, commercial real estate financing, residential mortgages, consumer loans and agricultural lending.