Citizens Bancshares (OTCMKTS:CZBS) Shares Pass Above 50 Day Moving Average - Time to Sell?

Key Points

• Citizens Bancshares' stock price has crossed above its 50-day moving average of $46.24, closing at $46.40 during recent trading.
• Despite crossing above the moving average, the company's shares have observed a decline of 2.3% in trading.
• Citizens Bancshares operates as the holding company for Citizens Trust Bank, offering various commercial banking services to individual and corporate customers.

Citizens Bancshares Corp. (OTCMKTS:CZBS - ) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $46.24 and traded as high as $46.43. Citizens Bancshares shares last traded at $46.40, with a volume of 305 shares.

Citizens Bancshares Trading Down 2.3%

The company has a fifty day moving average of $46.24 and a two-hundred day moving average of $47.18.

About Citizens Bancshares

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.