Citizens (NYSE:CIA) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Citizens, Inc. (NYSE:CIA) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.01 and traded as high as $5.42. Citizens shares last traded at $5.0950, with a volume of 91,048 shares traded.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Citizens in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Citizens Stock Performance

The firm’s fifty day simple moving average is $5.47 and its 200 day simple moving average is $5.01. The stock has a market capitalization of $255.97 million, a price-to-earnings ratio of 24.26 and a beta of 0.41.

Citizens (NYSE:CIA) last released its quarterly earnings results on Thursday, November 6th. The insurance provider reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.01. Citizens had a net margin of 4.40% and a return on equity of 6.54%. The company had revenue of $64.10 million during the quarter, compared to analysts’ expectations of $63.46 million. Analysts forecast that Citizens, Inc. will post 0.32 earnings per share for the current year.

Institutional Trading of Citizens

Several hedge funds and other institutional investors have recently modified their holdings of the company. Police & Firemen s Retirement System of New Jersey bought a new position in shares of Citizens during the second quarter worth about $32,000. Bank of America Corp DE boosted its position in Citizens by 3,686.7% during the 2nd quarter. Bank of America Corp DE now owns 14,541 shares of the insurance provider’s stock worth $51,000 after acquiring an additional 14,157 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of Citizens by 92.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 10,724 shares of the insurance provider’s stock worth $56,000 after acquiring an additional 5,141 shares in the last quarter. Alliancebernstein L.P. acquired a new stake in shares of Citizens in the third quarter valued at approximately $57,000. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of Citizens in the second quarter worth $63,000. Institutional investors and hedge funds own 13.73% of the company’s stock.

About Citizens

Citizens, Inc (NYSE:CIA) is a bank holding company headquartered in Conway, Arkansas. Through its wholly owned subsidiary, Citizens Bank of Northern Arkansas, the company provides commercial and consumer banking services to individuals, small businesses and corporate clients across Northern and Central Arkansas.

Citizens offers a range of deposit products, including checking accounts, savings accounts and certificates of deposit, alongside lending solutions such as residential mortgages, commercial real estate loans and consumer installment loans.