Citizens (NYSE:CIA) Share Price Passes Above 200 Day Moving Average – What’s Next?

Citizens, Inc. (NYSE:CIA)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.92 and traded as high as $5.32. Citizens shares last traded at $5.1690, with a volume of 87,405 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Citizens in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

Citizens Stock Up 1.6%

The company has a market cap of $259.69 million, a P/E ratio of 24.62 and a beta of 0.36. The company has a fifty day moving average of $5.54 and a 200 day moving average of $4.93.

Citizens (NYSE:CIA) last posted its earnings results on Thursday, November 6th. The insurance provider reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. The company had revenue of $64.10 million for the quarter, compared to the consensus estimate of $63.46 million. Citizens had a return on equity of 6.54% and a net margin of 4.40%. As a group, research analysts forecast that Citizens, Inc. will post 0.32 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. OMERS ADMINISTRATION Corp grew its position in shares of Citizens by 108.4% during the 1st quarter. OMERS ADMINISTRATION Corp now owns 32,800 shares of the insurance provider’s stock valued at $149,000 after acquiring an additional 17,064 shares during the period. Goldman Sachs Group Inc. lifted its position in Citizens by 142.8% during the first quarter. Goldman Sachs Group Inc. now owns 199,809 shares of the insurance provider’s stock valued at $909,000 after purchasing an additional 117,502 shares in the last quarter. Empowered Funds LLC grew its holdings in Citizens by 8.2% during the first quarter. Empowered Funds LLC now owns 157,169 shares of the insurance provider’s stock valued at $715,000 after purchasing an additional 11,853 shares during the period. Jane Street Group LLC increased its position in Citizens by 133.6% in the first quarter. Jane Street Group LLC now owns 169,308 shares of the insurance provider’s stock worth $770,000 after buying an additional 96,836 shares in the last quarter. Finally, First Eagle Investment Management LLC increased its position in Citizens by 7.4% in the second quarter. First Eagle Investment Management LLC now owns 598,750 shares of the insurance provider’s stock worth $2,090,000 after buying an additional 41,356 shares in the last quarter. 13.73% of the stock is currently owned by institutional investors.

Citizens Company Profile

Citizens, Inc (NYSE:CIA) is a bank holding company headquartered in Conway, Arkansas. Through its wholly owned subsidiary, Citizens Bank of Northern Arkansas, the company provides commercial and consumer banking services to individuals, small businesses and corporate clients across Northern and Central Arkansas.

Citizens offers a range of deposit products, including checking accounts, savings accounts and certificates of deposit, alongside lending solutions such as residential mortgages, commercial real estate loans and consumer installment loans.