Citizens (NYSE:CIA) Shares Pass Above 200 Day Moving Average – Time to Sell?

Citizens, Inc. (NYSE:CIA) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $5.21 and traded as high as $5.56. Citizens shares last traded at $5.52, with a volume of 60,370 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Citizens in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Citizens has a consensus rating of “Hold”.

Citizens Price Performance

The company has a market cap of $277.32 million, a price-to-earnings ratio of 26.29 and a beta of 0.41. The firm has a 50-day moving average price of $5.32 and a 200 day moving average price of $5.21.

Citizens (NYSE:CIA) last released its quarterly earnings results on Thursday, November 6th. The insurance provider reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.01. Citizens had a return on equity of 6.54% and a net margin of 4.40%.The business had revenue of $64.10 million during the quarter, compared to the consensus estimate of $63.46 million. On average, equities analysts anticipate that Citizens, Inc. will post 0.32 EPS for the current fiscal year.

Hedge Funds Weigh In On Citizens

Hedge funds have recently bought and sold shares of the business. Goldman Sachs Group Inc. boosted its holdings in Citizens by 142.8% in the 1st 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 during the period. Empowered Funds LLC raised its position in shares of Citizens by 8.2% in the first quarter. Empowered Funds LLC now owns 157,169 shares of the insurance provider’s stock valued at $715,000 after buying an additional 11,853 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of Citizens by 133.6% in the first quarter. Jane Street Group LLC now owns 169,308 shares of the insurance provider’s stock valued at $770,000 after buying an additional 96,836 shares during the period. First Eagle Investment Management LLC grew its position in Citizens by 7.4% during 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. Finally, Geode Capital Management LLC grew its position in Citizens by 118.0% during the second quarter. Geode Capital Management LLC now owns 1,032,234 shares of the insurance provider’s stock worth $3,603,000 after buying an additional 558,840 shares in the last quarter. 13.73% of the stock is owned by institutional investors.

About Citizens

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.