Citizens Community Bancorp (NASDAQ:CZWI) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

Citizens Community Bancorp, Inc. (NASDAQ:CZWI)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $15.19 and traded as low as $14.14. Citizens Community Bancorp shares last traded at $14.53, with a volume of 28,793 shares.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Citizens Community Bancorp from a “buy” rating to a “hold” rating in a report on Wednesday.

Citizens Community Bancorp Price Performance

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 stock’s 50 day moving average price is $15.07 and its two-hundred day moving average price is $15.17. The stock has a market cap of $139.96 million, a price-to-earnings ratio of 10.53 and a beta of 1.12.

Citizens Community Bancorp (NASDAQ:CZWI) last released its quarterly earnings data on Monday, January 27th. The bank reported $0.27 earnings per share 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 research analysts forecast that Citizens Community Bancorp, Inc. will post 1.31 EPS for the current fiscal year.

Citizens Community Bancorp Increases Dividend

The business also recently declared an annual dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were given 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 of this dividend was Friday, February 7th. Citizens Community Bancorp’s dividend payout ratio (DPR) is currently 27.07%.

Institutional Investors Weigh In On Citizens Community Bancorp

Several hedge funds have recently bought and sold shares of the stock. Russell Investments Group Ltd. acquired a new position in shares of Citizens Community Bancorp in the 4th quarter valued at $31,000. Barclays PLC acquired a new position in shares of Citizens Community Bancorp in the third quarter worth about $48,000. Fiduciary Trust Co purchased a new stake in shares of Citizens Community Bancorp during the 4th quarter worth about $165,000. Citadel Advisors LLC acquired a new stake in shares of Citizens Community Bancorp during the 4th quarter valued at about $202,000. Finally, Schonfeld Strategic Advisors LLC purchased a new position in shares of Citizens Community Bancorp in the 4th quarter valued at about $204,000. Hedge funds and other institutional investors own 55.11% of the company’s stock.

About Citizens Community Bancorp

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.