Citizens Community Bancorp (NASDAQ:CZWI) Share Price Crosses Below 200 Day Moving Average of $11.48

Citizens Community Bancorp, Inc. (NASDAQ:CZWIGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $11.48 and traded as low as $11.09. Citizens Community Bancorp shares last traded at $11.23, with a volume of 1,442 shares trading hands.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Hovde Group upgraded shares of Citizens Community Bancorp from a “market perform” rating to an “outperform” rating in a research note on Monday, March 4th. StockNews.com initiated coverage on shares of Citizens Community Bancorp in a research note on Friday. They set a “hold” rating on the stock.

Read Our Latest Stock Report on Citizens Community Bancorp

Citizens Community Bancorp Stock Performance

The company has a market capitalization of $116.86 million, a price-to-earnings ratio of 8.71 and a beta of 1.03. The firm has a fifty day simple moving average of $11.24 and a 200 day simple moving average of $11.48. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.96 and a quick ratio of 0.96.

Citizens Community Bancorp (NASDAQ:CZWIGet Free Report) last announced its earnings results on Monday, April 29th. The bank reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.13. The firm had revenue of $25.94 million for the quarter, compared to analyst estimates of $13.90 million. Citizens Community Bancorp had a return on equity of 8.14% and a net margin of 13.69%. On average, analysts anticipate that Citizens Community Bancorp, Inc. will post 1.22 earnings per share for the current fiscal year.

Institutional Trading of Citizens Community Bancorp

A number of institutional investors and hedge funds have recently modified their holdings of the stock. O Shaughnessy Asset Management LLC purchased a new position in Citizens Community Bancorp in the 1st quarter valued at about $236,000. Acadian Asset Management LLC lifted its position in shares of Citizens Community Bancorp by 37.3% in the first quarter. Acadian Asset Management LLC now owns 38,450 shares of the bank’s stock valued at $465,000 after acquiring an additional 10,445 shares in the last quarter. Empowered Funds LLC boosted its stake in shares of Citizens Community Bancorp by 8.1% in the first quarter. Empowered Funds LLC now owns 51,324 shares of the bank’s stock worth $624,000 after acquiring an additional 3,850 shares during the last quarter. Gendell Jeffrey L increased its position in shares of Citizens Community Bancorp by 3.5% during the third quarter. Gendell Jeffrey L now owns 230,959 shares of the bank’s stock worth $2,217,000 after purchasing an additional 7,780 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in Citizens Community Bancorp by 309.5% in the 1st quarter. Vanguard Group Inc. now owns 610,734 shares of the bank’s stock valued at $7,420,000 after purchasing an additional 461,594 shares during the last quarter. Hedge funds and other institutional investors own 55.11% of the company’s stock.

About Citizens Community Bancorp

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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.

Further Reading

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