Citizens Community Bancorp (NASDAQ:CZWI) Share Price Passes Below 200 Day Moving Average - Time to Sell?

Citizens Community Bancorp, Inc. (NASDAQ:CZWI - Get Free Report) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $15.24 and traded as low as $14.55. Citizens Community Bancorp shares last traded at $14.69, with a volume of 12,162 shares traded.

Analyst Upgrades and Downgrades

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

Citizens Community Bancorp Stock Performance

The stock has a market capitalization of $144.06 million, a price-to-earnings ratio of 10.84 and a beta of 0.74. The company's fifty day simple moving average is $14.34 and its 200 day simple moving average is $15.24. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.12.

Citizens Community Bancorp (NASDAQ:CZWI - Get Free Report) last released its quarterly earnings data on Monday, April 28th. The bank reported $0.32 EPS for the quarter, beating the consensus estimate of $0.27 by $0.05. Citizens Community Bancorp had a net margin of 13.79% and a return on equity of 7.87%. The firm had revenue of $14.19 million for the quarter, compared to the consensus estimate of $14.20 million. On average, equities research analysts expect that Citizens Community Bancorp, Inc. will post 1.31 earnings per share for the current year.

Hedge Funds Weigh In On Citizens Community Bancorp

Several institutional investors and hedge funds have recently modified their holdings of the stock. Acadian Asset Management LLC grew its stake in shares of Citizens Community Bancorp by 40.8% in the first quarter. Acadian Asset Management LLC now owns 98,063 shares of the bank's stock valued at $1,402,000 after acquiring an additional 28,400 shares in the last quarter. Jane Street Group LLC grew its stake in shares of Citizens Community Bancorp by 108.2% in the first quarter. Jane Street Group LLC now owns 41,813 shares of the bank's stock valued at $601,000 after acquiring an additional 21,726 shares in the last quarter. Empowered Funds LLC grew its stake in shares of Citizens Community Bancorp by 3.4% in the first quarter. Empowered Funds LLC now owns 61,373 shares of the bank's stock valued at $883,000 after acquiring an additional 2,041 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of 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 in the last quarter. Finally, Ritholtz Wealth Management grew its stake in shares of Citizens Community Bancorp by 159.4% in the first quarter. Ritholtz Wealth Management now owns 38,167 shares of the bank's stock valued at $549,000 after acquiring an additional 23,451 shares in the last quarter. 55.11% of the stock is currently owned by institutional investors and hedge funds.

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.