StockNews.com lowered shares of Citizens (NYSE:CIA – Free Report) from a buy rating to a hold rating in a research report released on Wednesday.
Citizens Stock Up 1.4 %
NYSE:CIA opened at $2.10 on Wednesday. The company has a fifty day moving average of $2.33 and a 200-day moving average of $2.76. The firm has a market capitalization of $104.10 million, a P/E ratio of 4.38 and a beta of 0.19. Citizens has a twelve month low of $1.64 and a twelve month high of $3.69.
Insider Activity
In related news, CEO Gerald Shields acquired 16,000 shares of the stock in a transaction dated Thursday, March 21st. The stock was bought at an average price of $2.22 per share, for a total transaction of $35,520.00. Following the purchase, the chief executive officer now directly owns 168,724 shares of the company’s stock, valued at approximately $374,567.28. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders purchased 24,000 shares of company stock worth $52,287 in the last quarter. 0.88% of the stock is owned by corporate insiders.
Institutional Trading of Citizens
Citizens Company Profile
Citizens, Inc provides life insurance products in the United States and internationally. The company operates in two segments, Life Insurance and Home Service Insurance. The Life Insurance segment issues ordinary whole life insurance and endowment policies in the United States dollar-denominated amounts to non-U.S.
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