Citizens (NYSE:CIA) Shares Pass 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 Wednesday . The stock has a two hundred day moving average of $5.49 and traded as high as $5.65. Citizens shares last traded at $5.42, with a volume of 58,047 shares traded.

Analyst Ratings Changes

Separately, Weiss Ratings restated 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, Based on data from MarketBeat, Citizens has a consensus rating of “Hold”.

Citizens Trading Down 0.6%

The stock has a market cap of $272.33 million, a price-to-earnings ratio of 25.81 and a beta of 0.43. The firm’s 50 day moving average is $5.49 and its two-hundred day moving average is $5.49.

Institutional Trading of Citizens

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

Citizens Company Profile

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.