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

Citizens, Inc. (NYSE:CIA)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $5.21 and traded as high as $5.56. Citizens shares last traded at $5.52, with a volume of 60,370 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Citizens in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

Citizens Stock Up 1.1%

The firm has a fifty day moving average of $5.32 and a 200-day moving average of $5.21. The firm has a market cap of $277.32 million, a P/E ratio of 26.29 and a beta of 0.41.

Citizens (NYSE:CIA) last posted its quarterly earnings results on Thursday, November 6th. The insurance provider reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.01. Citizens had a return on equity of 6.54% and a net margin of 4.40%.The firm had revenue of $64.10 million for the quarter, compared to analyst estimates of $63.46 million. On average, equities analysts forecast that Citizens, Inc. will post 0.32 EPS for the current year.

Institutional Inflows and Outflows

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