Citizens (NASDAQ:CIZN) Stock Price Breaks Below Two Hundred Day Moving Average – Time to Sell?

by · The Markets Daily

Shares of Citizens Holding (NASDAQ:CIZN – Get Free Report) crossed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $9.77 and traded as low as $8.7520. Citizens shares last traded at $8.80, with a volume of 2,745 shares traded.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. CLSA set a $8.00 target price on shares of Citizens in a research report on Monday, July 20th. The Goldman Sachs Group upgraded shares of Citizens to a “market outperform” rating in a report on Monday, September 14th. Jefferies Financial Group set a $14.00 price target on shares of Citizens in a report on Wednesday. Mizuho set a $14.00 price target on Citizens in a research note on Monday, September 14th. Finally, Piper Sandler raised Citizens to an “outperform” rating in a report on Friday, October 2nd. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $14.14.

Read Our Latest Research Report on CIZN

Citizens Price Performance

The company has a market capitalization of $50.11 million, a P/E ratio of 8.98 and a beta of 0.09. The company has a fifty day moving average price of $10.27 and a two-hundred day moving average price of $9.77.

Citizens Company Profile

(Get Free Report)

Citizens Holding Company was the former parent company of The Citizens Bank, a community banking institution headquartered in Philadelphia, Mississippi. Founded in 1908, the bank served individuals, businesses and organizations primarily through locations in Mississippi.

The Citizens Bank provided traditional banking products and services, including checking and savings accounts, certificates of deposit, consumer lending, residential mortgages, commercial real estate financing and other business loans.

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