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

Citizens Community Bancorp, Inc. (NASDAQ:CZWI)’s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $17.05 and traded as high as $18.47. Citizens Community Bancorp shares last traded at $18.08, with a volume of 17,970 shares.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on CZWI shares. Zacks Research upgraded shares of Citizens Community Bancorp from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Citizens Community Bancorp in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy”.

Citizens Community Bancorp Trading Up 0.7%

The company’s 50-day moving average is $17.05 and its two-hundred day moving average is $15.96. The stock has a market capitalization of $174.65 million, a P/E ratio of 14.02 and a beta of 0.70.

Citizens Community Bancorp (NASDAQ:CZWI) last announced its quarterly earnings results on Monday, October 27th. The bank reported $0.37 EPS for the quarter, meeting the consensus estimate of $0.37. The company had revenue of $13.03 million for the quarter, compared to analyst estimates of $15.40 million. Citizens Community Bancorp had a net margin of 13.08% and a return on equity of 7.05%. Sell-side analysts expect that Citizens Community Bancorp, Inc. will post 1.31 EPS for the current fiscal year.

Institutional Trading of Citizens Community Bancorp

Hedge funds have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC acquired a new stake in Citizens Community Bancorp in the second quarter worth about $68,000. Goldman Sachs Group Inc. raised its position in shares of Citizens Community Bancorp by 59.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 41,890 shares of the bank’s stock worth $602,000 after buying an additional 15,582 shares in the last quarter. Acadian Asset Management LLC lifted its stake in shares of Citizens Community Bancorp by 40.8% in the 1st quarter. Acadian Asset Management LLC now owns 98,063 shares of the bank’s stock worth $1,402,000 after acquiring an additional 28,400 shares during the period. Fourthstone LLC boosted its holdings in shares of Citizens Community Bancorp by 74.9% in the second quarter. Fourthstone LLC now owns 252,793 shares of the bank’s stock valued at $3,489,000 after acquiring an additional 108,242 shares in the last quarter. Finally, Ritholtz Wealth Management boosted its holdings in shares of Citizens Community Bancorp by 1.8% in the second quarter. Ritholtz Wealth Management now owns 38,851 shares of the bank’s stock valued at $536,000 after acquiring an additional 684 shares in the last quarter. Institutional investors own 55.11% of the company’s stock.

Citizens Community Bancorp Company Profile

Citizens Community Bancorp, Inc is a bank holding company headquartered in Columbia Station, Ohio. Its primary subsidiary, Citizens Community Savings Bank, offers a range of community banking services to individuals and businesses. The company operates through a network of branch offices in Lorain and Medina counties and surrounding communities, providing personalized financial solutions with a focus on local relationships and customer service.

The bank’s deposit products include checking and savings accounts, money market accounts and certificates of deposit, while its lending portfolio features residential mortgage loans, home equity lines of credit, commercial real estate loans, and small-business financing.