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

Shares of Citizens Community Bancorp, Inc. (NASDAQ:CZWI) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $14.84 and traded as low as $14.56. Citizens Community Bancorp shares last traded at $14.72, with a volume of 41,409 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded Citizens Community Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, May 21st.

Citizens Community Bancorp Stock Up 1.9%

The company has a market cap of $147.05 million, a P/E ratio of 11.68 and a beta of 0.71. The stock’s 50-day moving average price is $14.37 and its 200 day moving average price is $14.84.

Citizens Community Bancorp (NASDAQ:CZWI) last released its quarterly earnings results on Monday, April 28th. The bank reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.05. The company had revenue of $14.19 million during the quarter, compared to analysts’ expectations of $14.20 million. Citizens Community Bancorp had a net margin of 13.19% and a return on equity of 7.26%. Analysts expect that Citizens Community Bancorp, Inc. will post 1.31 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Citizens Community Bancorp

Hedge funds and other institutional investors have recently made changes to their positions in the business. Russell Investments Group Ltd. acquired a new stake in Citizens Community Bancorp in the 4th quarter valued at approximately $31,000. 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 worth $883,000 after acquiring an additional 2,041 shares during the last quarter. O Shaughnessy Asset Management LLC grew its stake in shares of Citizens Community Bancorp by 36.2% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 24,958 shares of the bank’s stock worth $407,000 after acquiring an additional 6,631 shares during the last quarter. Northern Trust Corp grew its stake in shares of Citizens Community Bancorp by 33.9% in the fourth quarter. Northern Trust Corp now owns 39,081 shares of the bank’s stock worth $637,000 after acquiring an additional 9,894 shares during the last quarter. Finally, Fiduciary Trust Co acquired a new stake in shares of Citizens Community Bancorp in the fourth quarter worth $165,000. 55.11% of the stock is owned by institutional investors and hedge funds.

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.