Citizens (NYSE:CIA) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Citizens, Inc. (NYSE:CIA) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $4.13 and traded as high as $5.55. Citizens shares last traded at $5.39, with a volume of 120,954 shares.

Analyst Ratings Changes

Separately, Singular Research raised Citizens to a “strong-buy” rating in a research note on Monday, November 18th.

Citizens Stock Performance

The company has a 50 day moving average of $4.58 and a 200-day moving average of $4.16. The stock has a market cap of $272.24 million, a price-to-earnings ratio of 12.69 and a beta of 0.13.

Institutional Investors Weigh In On Citizens

Large investors have recently bought and sold shares of the stock. Barclays PLC increased its holdings in Citizens by 24.4% during the 3rd 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. Geode Capital Management LLC increased its holdings in Citizens by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 458,886 shares of the insurance provider’s stock worth $1,662,000 after purchasing an additional 10,235 shares during the period. Empowered Funds LLC increased its holdings in Citizens by 5.3% during the 3rd quarter. Empowered Funds LLC now owns 138,281 shares of the insurance provider’s stock worth $501,000 after purchasing an additional 6,968 shares during the period. Ritholtz Wealth Management increased its holdings in 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 purchasing an additional 2,901 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new stake in Citizens during the 3rd quarter worth about $82,000. Hedge funds and other institutional investors own 13.73% of the company’s stock.

Citizens Company Profile

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.