Citizens Bancshares (OTCMKTS:CZBS) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Shares of Citizens Bancshares Corp. (OTCMKTS:CZBSGet Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $45.93 and traded as low as $40.94. Citizens Bancshares shares last traded at $42.00, with a volume of 3,058 shares trading hands.

Citizens Bancshares Stock Up 3.5%

The firm’s 50-day simple moving average is $44.39 and its 200 day simple moving average is $45.91.

Citizens Bancshares Company Profile

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Citizens Bancshares Corporation operates as the holding company for Citizens Trust Bank that provides various commercial banking services to individual and corporate customers. The company offers checking and savings accounts; and demand and money market deposits. Its loan products include commercial, financial, and agricultural loans; loans secured by personal property, such as automobiles, marketable securities, and other titled recreational vehicles and motorcycles, as well as unsecured consumer debt; commercial real estate loans; single-family residential loans; and construction and development loans.

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