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Citizens (NYSE:CIA) Shares Pass Above 200 Day Moving Average - Should You Sell?

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Shares of Citizens, Inc. (NYSE:CIA - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $4.24 and traded as high as $4.88. Citizens shares last traded at $4.84, with a volume of 131,499 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Singular Research raised Citizens to a "strong-buy" rating in a report on Monday, November 18th.

Check Out Our Latest Stock Analysis on Citizens

Citizens Price Performance

The firm's 50 day moving average is $4.71 and its 200 day moving average is $4.27. The company has a market cap of $240.30 million, a PE ratio of 11.20 and a beta of 0.13.

Hedge Funds Weigh In On Citizens

A number of institutional investors have recently added to or reduced their stakes in the business. Barclays PLC grew its holdings in shares of 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 in the last quarter. Geode Capital Management LLC increased its holdings in shares of Citizens by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 458,886 shares of the insurance provider's stock worth $1,662,000 after buying an additional 10,235 shares during the last quarter. Empowered Funds LLC raised its position in shares of Citizens by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 138,281 shares of the insurance provider's stock valued at $501,000 after buying an additional 6,968 shares in the last quarter. Ritholtz Wealth Management lifted its holdings in shares of Citizens by 6.7% during the 4th quarter. Ritholtz Wealth Management now owns 46,116 shares of the insurance provider's stock worth $185,000 after acquiring an additional 2,901 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in Citizens in the third quarter worth $82,000. 13.73% of the stock is currently owned by institutional investors.

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About Citizens

(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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