Citizens Community Bancorp (NASDAQ:CZWI) Stock Crosses Below 200 Day Moving Average - What's Next?

Citizens Community Bancorp, Inc. (NASDAQ:CZWI - Get Free Report)'s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $15.11 and traded as low as $13.34. Citizens Community Bancorp shares last traded at $13.34, with a volume of 22,158 shares changing hands.

Analyst Upgrades and Downgrades

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 Price Performance

The company has a 50-day moving average of $14.38 and a two-hundred day moving average of $15.11. The stock has a market capitalization of $133.27 million, a PE ratio of 10.59 and a beta of 0.74.

Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last released its earnings results on Monday, April 28th. The bank reported $0.32 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $14.19 million for the quarter, compared to the consensus estimate of $14.20 million. On average, research analysts forecast that Citizens Community Bancorp, Inc. will post 1.31 EPS for the current fiscal year.

Hedge Funds Weigh In On Citizens Community Bancorp

Large investors have recently added to or reduced their stakes in the business. Russell Investments Group Ltd. purchased a new position in Citizens Community Bancorp during the fourth quarter worth about $31,000. Fiduciary Trust Co purchased a new position in shares of Citizens Community Bancorp in the 4th quarter worth about $165,000. Citadel Advisors LLC purchased a new position in shares of Citizens Community Bancorp in the 4th quarter worth about $202,000. Schonfeld Strategic Advisors LLC purchased a new position in shares of Citizens Community Bancorp in the 4th quarter worth about $204,000. Finally, Hillsdale Investment Management Inc. purchased a new position in shares of Citizens Community Bancorp in the 4th quarter worth about $226,000. 55.11% of the stock is currently owned by hedge funds and other institutional investors.

Citizens Community Bancorp Company Profile

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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