Citizens Community Bancorp (NASDAQ:CZWI) Shares Cross Below 200-Day Moving Average – What’s Next?

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $14.93 and traded as low as $14.85. Citizens Community Bancorp shares last traded at $15.06, with a volume of 76,064 shares traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Citizens Community Bancorp from a “buy” rating to a “hold” rating in a research note on Thursday, January 23rd.

Citizens Community Bancorp Stock Performance

The firm has a market cap of $151.06 million, a PE ratio of 11.32 and a beta of 1.07. The company has a 50 day simple moving average of $15.89 and a 200-day simple moving average of $14.93. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.95 and a quick ratio of 0.95.

Citizens Community Bancorp (NASDAQ:CZWI) last issued its earnings results on Monday, January 27th. The bank reported $0.27 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.27. Citizens Community Bancorp had a return on equity of 7.87% and a net margin of 13.79%. As a group, equities research analysts anticipate that Citizens Community Bancorp, Inc. will post 1.31 EPS for the current year.

Citizens Community Bancorp Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were paid a dividend of $0.36 per share. This represents a dividend yield of 2%. The ex-dividend date of this dividend was Friday, February 7th. This is a positive change from Citizens Community Bancorp’s previous annual dividend of $0.32. Citizens Community Bancorp’s dividend payout ratio is 27.07%.

Institutional Trading of Citizens Community Bancorp

A number of institutional investors have recently made changes to their positions in the stock. Millennium Management LLC purchased a new stake in shares of Citizens Community Bancorp during the fourth quarter valued at approximately $416,000. Fiduciary Trust Co purchased a new stake in shares of Citizens Community Bancorp during the fourth quarter valued at approximately $165,000. Citadel Advisors LLC purchased a new stake in shares of Citizens Community Bancorp during the fourth quarter valued at approximately $202,000. 683 Capital Management LLC purchased a new stake in shares of Citizens Community Bancorp during the fourth quarter valued at approximately $344,000. Finally, Jane Street Group LLC purchased a new stake in shares of Citizens Community Bancorp during the fourth quarter valued at approximately $327,000. Hedge funds and other institutional investors own 55.11% of the company’s stock.

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.