Citizens Community Bancorp (NASDAQ:CZWI) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $15.06 and traded as low as $13.70. Citizens Community Bancorp shares last traded at $13.78, with a volume of 20,793 shares.

Wall Street Analyst Weigh In

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

Citizens Community Bancorp Price Performance

The stock has a fifty day moving average of $15.48 and a 200-day moving average of $15.05. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $146.90 million, a P/E ratio of 11.01 and a beta of 1.12.

Citizens Community Bancorp (NASDAQ:CZWI) last released its quarterly earnings results on Monday, January 27th. The bank reported $0.27 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.27. Citizens Community Bancorp had a return on equity of 7.87% and a net margin of 13.79%. Equities analysts predict that Citizens Community Bancorp, Inc. will post 1.31 EPS for the current fiscal year.

Citizens Community Bancorp Increases Dividend

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

Institutional Trading of Citizens Community Bancorp

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. acquired a new position in shares of Citizens Community Bancorp during the 4th quarter worth about $31,000. Barclays PLC acquired a new position in shares of Citizens Community Bancorp in the 3rd quarter valued at approximately $48,000. Fiduciary Trust Co acquired a new position in shares of Citizens Community Bancorp in the 4th quarter valued at approximately $165,000. Citadel Advisors LLC acquired a new position in shares of Citizens Community Bancorp in the 4th quarter valued at approximately $202,000. Finally, Schonfeld Strategic Advisors LLC acquired a new position in shares of Citizens Community Bancorp in the 4th quarter valued at approximately $204,000. 55.11% of the stock is owned by 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.