Citizens Community Bancorp (NASDAQ:CZWI) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Citizens Community Bancorp, Inc. (NASDAQ:CZWI)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $15.03 and traded as low as $14.83. Citizens Community Bancorp shares last traded at $14.88, with a volume of 21,028 shares changing hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Citizens Community Bancorp from a “buy” rating to a “hold” rating in a report on Thursday, January 23rd.

Citizens Community Bancorp Stock Performance

The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.12. The business has a 50 day simple moving average of $15.77 and a two-hundred day simple moving average of $15.03. The firm has a market cap of $149.31 million, a PE ratio of 11.19 and a beta of 1.07.

Citizens Community Bancorp (NASDAQ:CZWI) last released its earnings results on Monday, January 27th. The bank reported $0.27 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.27. Citizens Community Bancorp had a return on equity of 7.87% and a net margin of 13.79%. As a group, equities research analysts forecast that Citizens Community Bancorp, Inc. will post 1.31 earnings per share for the current fiscal year.

Citizens Community Bancorp Increases Dividend

The firm also recently announced an annual dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were paid a $0.36 dividend. This is a positive change from Citizens Community Bancorp’s previous annual dividend of $0.32. The ex-dividend date of this dividend was Friday, February 7th. This represents a yield of 2%. Citizens Community Bancorp’s dividend payout ratio (DPR) is presently 27.07%.

Institutional Trading of Citizens Community Bancorp

Hedge funds and other institutional investors have recently bought and sold shares of the business. Empowered Funds LLC increased its stake in shares of Citizens Community Bancorp by 1.9% during the fourth quarter. Empowered Funds LLC now owns 59,332 shares of the bank’s stock valued at $967,000 after buying an additional 1,100 shares during the period. Geode Capital Management LLC increased its stake in shares of Citizens Community Bancorp by 1.7% during the third quarter. Geode Capital Management LLC now owns 104,125 shares of the bank’s stock valued at $1,476,000 after buying an additional 1,732 shares during the period. Russell Investments Group Ltd. purchased a new position in shares of Citizens Community Bancorp during the fourth quarter valued at $31,000. Barclays PLC purchased a new position in shares of Citizens Community Bancorp during the third quarter valued at $48,000. Finally, O Shaughnessy Asset Management LLC increased its stake in shares of Citizens Community Bancorp by 36.2% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 24,958 shares of the bank’s stock valued at $407,000 after buying an additional 6,631 shares during the period. Hedge funds and other institutional investors own 55.11% of the company’s stock.

Citizens Community Bancorp Company Profile

Citizens Community Bancorp, Inc operates as a bank holding company for Citizens Community Federal N.A. that provides various traditional community banking services to businesses, agricultural operators, and consumers. It accepts various deposit products, including demand deposits, savings and money market accounts, and certificates of deposit.