Citizens (NASDAQ:CIZN) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

Citizens Holding (NASDAQ:CIZN) shares crossed above its 50 day moving average during trading on Monday . The stock has a 50 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.

Wall Street Analyst Weigh In

CIZN has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft set a $18.00 price target on Citizens in a report on Thursday, May 28th. UBS Group set a $30.00 price target on shares of Citizens in a research report on Monday, June 15th. Finally, Citigroup began coverage on shares of Citizens in a research note on Monday. They set a “market outperform” rating for the company. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Citizens has a consensus rating of “Buy” and an average price target of $24.00.

Citizens Stock Up 0.1%

The business has a fifty day moving average price of $9.41 and a 200-day moving average price of $8.94. The company has a market cap of $55.58 million, a P/E ratio of 9.96 and a beta of 0.06.

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.