Citizens, Inc. (NYSE:CIA - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $3.30 and traded as high as $4.85. Citizens shares last traded at $4.69, with a volume of 78,031 shares traded.
Analyst Ratings Changes
Separately, Singular Research raised Citizens to a "strong-buy" rating in a research note on Monday.
Check Out Our Latest Stock Report on Citizens
Citizens Stock Performance
The company has a 50-day simple moving average of $4.24 and a 200-day simple moving average of $3.30. The stock has a market cap of $228.59 million, a P/E ratio of 10.90 and a beta of 0.11.
Insider Activity
In other news, CEO Jon Stenberg purchased 12,558 shares of the firm's stock in a transaction dated Thursday, September 5th. The stock was bought at an average price of $2.96 per share, with a total value of $37,171.68. Following the acquisition, the chief executive officer now directly owns 18,023 shares of the company's stock, valued at approximately $53,348.08. This represents a 229.79 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.20% of the stock is owned by insiders.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. Empowered Funds LLC increased its position in Citizens by 8.1% during the 1st quarter. Empowered Funds LLC now owns 121,953 shares of the insurance provider's stock worth $261,000 after buying an additional 9,112 shares during the period. Ritholtz Wealth Management bought a new position in shares of Citizens during the second quarter worth about $54,000. Marietta Wealth Management LLC bought a new stake in shares of Citizens in the 2nd quarter valued at $64,000. First Eagle Investment Management LLC grew its holdings in Citizens by 26.8% during the 2nd quarter. First Eagle Investment Management LLC now owns 418,923 shares of the insurance provider's stock worth $1,139,000 after acquiring an additional 88,415 shares during the period. Finally, Barclays PLC grew its stake in Citizens by 24.4% during the third quarter. Barclays PLC now owns 52,379 shares of the insurance provider's stock worth $189,000 after purchasing an additional 10,267 shares during the period. 13.73% of the stock is currently owned by institutional investors.
Citizens Company Profile
(
Get Free Report)
Citizens, Inc provides life insurance products in the United States and internationally. The company operates in two segments, Life Insurance and Home Service Insurance. The Life Insurance segment issues ordinary whole life insurance and endowment policies in the United States dollar-denominated amounts to non-U.S.
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