Citizens Community Bancorp (NASDAQ:CZWI) Stock Passes Above 200 Day Moving Average – Time to Sell?

Shares of Citizens Community Bancorp, Inc. (NASDAQ:CZWI) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $13.38 and traded as high as $16.89. Citizens Community Bancorp shares last traded at $16.71, with a volume of 16,353 shares traded.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on Citizens Community Bancorp in a research report on Friday, November 22nd. They issued a “buy” rating on the stock.

Citizens Community Bancorp Stock Performance

The stock’s 50-day moving average price is $15.07 and its 200 day moving average price is $13.39. The firm has a market cap of $167.60 million, a P/E ratio of 11.85 and a beta of 1.08. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.95 and a quick ratio of 0.95.

Citizens Community Bancorp (NASDAQ:CZWI) last issued its quarterly earnings results on Monday, October 28th. The bank reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.05. Citizens Community Bancorp had a net margin of 14.70% and a return on equity of 8.64%. The firm had revenue of $25.43 million for the quarter, compared to analyst estimates of $14.00 million. As a group, equities analysts predict that Citizens Community Bancorp, Inc. will post 1.34 EPS for the current year.

Institutional Trading of Citizens Community Bancorp

Institutional investors and hedge funds have recently bought and sold shares of the stock. Barclays PLC bought a new position in Citizens Community Bancorp in the third quarter valued at approximately $48,000. Commonwealth Equity Services LLC boosted its holdings in shares of Citizens Community Bancorp by 10.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 21,254 shares of the bank’s stock valued at $246,000 after buying an additional 2,000 shares during the last quarter. Acadian Asset Management LLC grew its stake in shares of Citizens Community Bancorp by 25.0% in the second quarter. Acadian Asset Management LLC now owns 48,065 shares of the bank’s stock valued at $554,000 after buying an additional 9,615 shares in the last quarter. Empowered Funds LLC increased its holdings in Citizens Community Bancorp by 5.3% during the third quarter. Empowered Funds LLC now owns 58,232 shares of the bank’s stock worth $825,000 after buying an additional 2,948 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in Citizens Community Bancorp by 1.7% during the third quarter. Geode Capital Management LLC now owns 104,125 shares of the bank’s stock worth $1,476,000 after acquiring an additional 1,732 shares in the last quarter. Institutional investors own 55.11% of the company’s stock.

About Citizens Community Bancorp

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.