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Citizens Bancshares Co. (GA) (NASDAQ:CZBS) Director Mercy P. Thomas unloaded 2,000 shares of the company’s stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $8.60, for a total value of $17,200.00. Following the completion of the transaction, the director now directly owns 4,723 shares in the company, valued at approximately $40,618. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of Citizens Bancshares Co. (NASDAQ:CZBS) traded down 0.81% on Tuesday, hitting $8.53. The stock had a trading volume of 1,153 shares. Citizens Bancshares Co. has a 52-week low of $5.40 and a 52-week high of $8.99. The stock has a 50-day moving average of $8. and a 200-day moving average of $8.32. The company has a market cap of $18.3 million and a price-to-earnings ratio of 13.03.

Citizens Bancshares Corporation is a bank holding company for Citizens Trust Bank (NASDAQ:CZBS).

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