Citizens Community Bancorp (NASDAQ:CZWI) Stock Passes Below 200-Day Moving Average - Here's Why

Citizens Community Bancorp, Inc. (NASDAQ:CZWI - Get Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $14.95 and traded as low as $13.32. Citizens Community Bancorp shares last traded at $13.65, with a volume of 28,950 shares trading hands.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded Citizens Community Bancorp from a "buy" rating to a "hold" rating in a research report on Wednesday, May 21st.

Citizens Community Bancorp Trading Up 1.5%

The stock has a market capitalization of $137.86 million, a P/E ratio of 10.95 and a beta of 0.74. The business has a 50-day moving average price of $14.39 and a two-hundred day moving average price of $14.88.

Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The bank reported $0.32 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.05. The business had revenue of $14.19 million during the quarter, compared to the consensus estimate of $14.20 million. Citizens Community Bancorp had a return on equity of 7.26% and a net margin of 13.19%. On average, sell-side analysts forecast that Citizens Community Bancorp, Inc. will post 1.31 earnings per share for the current fiscal year.

Institutional Trading of Citizens Community Bancorp

Institutional investors and hedge funds have recently made changes to their positions in the company. Goldman Sachs Group Inc. increased its stake in Citizens Community Bancorp by 59.2% in the first quarter. Goldman Sachs Group Inc. now owns 41,890 shares of the bank's stock valued at $602,000 after acquiring an additional 15,582 shares during the last quarter. Acadian Asset Management LLC lifted its position in shares of Citizens Community Bancorp by 40.8% during the 1st quarter. Acadian Asset Management LLC now owns 98,063 shares of the bank's stock worth $1,402,000 after buying an additional 28,400 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Citizens Community Bancorp by 108.2% in the 1st quarter. Jane Street Group LLC now owns 41,813 shares of the bank's stock valued at $601,000 after purchasing an additional 21,726 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of Citizens Community Bancorp by 3.4% during the 1st quarter. Empowered Funds LLC now owns 61,373 shares of the bank's stock valued at $883,000 after purchasing an additional 2,041 shares during the last quarter. Finally, Ritholtz Wealth Management increased its position in Citizens Community Bancorp by 159.4% during the 1st quarter. Ritholtz Wealth Management now owns 38,167 shares of the bank's stock worth $549,000 after purchasing an additional 23,451 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.