Citizens (NASDAQ:CIZN) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?

Citizens Holding (NASDAQ:CIZN)’s stock price crossed 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.

Analysts Set New Price Targets

A number of analysts have issued reports on CIZN shares. Citigroup started coverage on Citizens in a research report on Monday, June 22nd. They issued a “market outperform” rating on the stock. Deutsche Bank Aktiengesellschaft set a $18.00 price objective on Citizens in a research note on Thursday, May 28th. Finally, UBS Group set a $30.00 price objective on Citizens in a report on Monday, June 15th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, Citizens has a consensus rating of “Buy” and a consensus target price of $24.00.

Citizens Price Performance

The company’s 50 day moving average price is $9.49 and its 200 day moving average price is $9.02. The firm 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.