Citizens (NASDAQ:CIZN) Stock Passes Above 50-Day Moving Average – Time to Sell?

Citizens Holding (NASDAQ:CIZN)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $9.47 and traded as high as $9.63. Citizens shares last traded at $9.63, with a volume of 1,730 shares.

Analyst Ratings Changes

Several analysts have weighed in on the company. Citigroup began coverage on Citizens in a report on Monday, June 22nd. They issued a “market outperform” rating on the stock. Deutsche Bank Aktiengesellschaft set a $18.00 price objective on Citizens in a report on Thursday, May 28th. Finally, UBS Group set a $30.00 price objective on shares of Citizens in a research report on Monday, June 15th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $24.00.

Citizens Stock Performance

The stock has a market cap of $54.83 million, a PE ratio of 9.83 and a beta of 0.06. The company’s 50-day moving average price is $9.47 and its two-hundred day moving average price is $8.99.

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.