Citizens Community Bancorp (NASDAQ:CZWI) Shares Cross Below Two Hundred Day Moving Average - Time to Sell?

Citizens Community Bancorp, Inc. (NASDAQ:CZWI - Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $14.84 and traded as low as $14.56. Citizens Community Bancorp shares last traded at $14.72, with a volume of 41,409 shares traded.

Analyst Ratings Changes

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

Citizens Community Bancorp Price Performance

The company has a fifty day moving average of $14.37 and a 200-day moving average of $14.84. The firm has a market capitalization of $147.05 million, a PE ratio of 11.68 and a beta of 0.71.

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

Hedge Funds Weigh In On Citizens Community Bancorp

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jane Street Group LLC bought a new position in Citizens Community Bancorp during the fourth quarter valued at approximately $327,000. Millennium Management LLC bought a new position in shares of Citizens Community Bancorp during the 4th quarter valued at $416,000. Ritholtz Wealth Management raised its holdings in shares of Citizens Community Bancorp by 159.4% during the 1st quarter. Ritholtz Wealth Management now owns 38,167 shares of the bank's stock valued at $549,000 after purchasing an additional 23,451 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Citizens Community Bancorp by 50.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 65,724 shares of the bank's stock valued at $1,071,000 after purchasing an additional 22,025 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in Citizens Community Bancorp by 33.9% during the fourth quarter. Northern Trust Corp now owns 39,081 shares of the bank's stock valued at $637,000 after buying an additional 9,894 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.

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