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

Citizens Holding (NASDAQ:CIZN)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $9.24 and traded as high as $9.4880. Citizens shares last traded at $9.4880, with a volume of 175 shares changing hands.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on CIZN shares. Citigroup reiterated a “market outperform” rating on shares of Citizens in a research report on Friday. UBS Group reiterated a “market outperform” rating on shares of Citizens in a research report on Monday, March 2nd. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $24.00.

Citizens Stock Performance

The business’s 50-day moving average is $9.24 and its two-hundred day moving average is $8.57. The stock has a market capitalization of $54.02 million, a PE ratio of 9.68 and a beta of 0.06.

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.