Citizens Bancshares (OTCMKTS:CZBS) Share Price Passes Below 200 Day Moving Average - Here's What Happened

Key Points

• Citizens Bancshares Corporation's stock price fell below its 200-day moving average, trading at $46.40 on Wednesday, down 2.3% from previous levels.
• The stock's 200-day moving average stands at $47.22, while the 50-day moving average is at $46.24, indicating a potential downward trend.
• Citizens Bancshares operates as the holding company for Citizens Trust Bank, offering a variety of commercial banking services to both individual and corporate customers.

Citizens Bancshares Corp. (OTCMKTS:CZBS - )'s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $47.22 and traded as low as $46.40. Citizens Bancshares shares last traded at $46.40, with a volume of 305 shares changing hands.

Citizens Bancshares Stock Down 2.3%

The business's 50 day moving average price is $46.24 and its two-hundred day moving average price is $47.18.

Citizens Bancshares Company Profile

Citizens Bancshares Corporation operates as the holding company for Citizens Trust Bank that provides various commercial banking services to individual and corporate customers. The company offers checking and savings accounts; and demand and money market deposits. Its loan products include commercial, financial, and agricultural loans; loans secured by personal property, such as automobiles, marketable securities, and other titled recreational vehicles and motorcycles, as well as unsecured consumer debt; commercial real estate loans; single-family residential loans; and construction and development loans.

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