Citizens (NASDAQ:CIZN) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

Citizens Holding (NASDAQ:CIZN) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $9.47 and traded as high as $9.63. Citizens shares last traded at $9.63, with a volume of 1,730 shares trading hands.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CIZN. UBS Group set a $30.00 price target on Citizens in a research note on Monday, June 15th. Citigroup started coverage on Citizens in a research note on Monday, June 22nd. They issued a “market outperform” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft set a $18.00 price objective on shares of Citizens in a report on Thursday, May 28th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $24.00.

Citizens Price Performance

The firm’s 50 day moving average is $9.47 and its 200 day moving average is $8.99. The company has a market cap of $54.83 million, a PE ratio of 9.83 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.