Citizens Community Bancorp (NASDAQ:CZWI) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Citizens Community Bancorp, Inc. (NASDAQ:CZWI) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $13.38 and traded as high as $16.89. Citizens Community Bancorp shares last traded at $16.71, with a volume of 16,353 shares trading hands.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of Citizens Community Bancorp in a research note on Friday, November 22nd. They set a “buy” rating for the company.

Citizens Community Bancorp Stock Performance

The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.12. The company has a market cap of $167.60 million, a price-to-earnings ratio of 11.85 and a beta of 1.08. The stock has a 50 day moving average price of $15.07 and a two-hundred day moving average price of $13.38.

Citizens Community Bancorp (NASDAQ:CZWI) last released its earnings results on Monday, October 28th. The bank reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.05. The firm had revenue of $25.43 million for the quarter, compared to analyst estimates of $14.00 million. Citizens Community Bancorp had a return on equity of 8.64% and a net margin of 14.70%. Analysts predict that Citizens Community Bancorp, Inc. will post 1.34 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of CZWI. Barclays PLC acquired a new position in shares of Citizens Community Bancorp in the 3rd quarter valued at $48,000. Geode Capital Management LLC lifted its holdings in Citizens Community Bancorp by 1.7% during the third quarter. Geode Capital Management LLC now owns 104,125 shares of the bank’s stock worth $1,476,000 after acquiring an additional 1,732 shares in the last quarter. Fourthstone LLC acquired a new position in Citizens Community Bancorp in the third quarter valued at about $1,520,000. Empowered Funds LLC increased its holdings in shares of Citizens Community Bancorp by 5.3% in the third quarter. Empowered Funds LLC now owns 58,232 shares of the bank’s stock worth $825,000 after acquiring an additional 2,948 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Citizens Community Bancorp by 1.1% during the second quarter. Dimensional Fund Advisors LP now owns 280,698 shares of the bank’s stock worth $3,248,000 after purchasing an additional 2,986 shares during the period. Institutional investors and hedge funds 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.