Citizens (NASDAQ:CIZN) Reaches New 12-Month High – Here’s What Happened

Shares of Citizens Holding (NASDAQ:CIZN) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $629.7483 and last traded at $629.7483, with a volume of 112463 shares traded. The stock had previously closed at $9.35.

Analysts Set New Price Targets

CIZN has been the subject of several recent analyst reports. Raymond James Financial set a $25.00 target price on Citizens in a research report on Monday, January 5th. Citigroup reissued a “market outperform” rating on shares of Citizens in a report on Monday, January 5th. Finally, Canaccord Genuity Group upgraded shares of Citizens to an “overweight” rating in a research report on Thursday, December 4th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Citizens presently has a consensus rating of “Buy” and an average target price of $24.00.

Citizens Price Performance

The stock has a 50 day moving average of $8.12 and a 200 day moving average of $7.32. The firm has a market cap of $53.54 million and a P/E ratio of 9.66.

About Citizens

Citizens Holding Company (NASDAQ:CIZN) is the bank holding company for Citizens Bank & Trust, a community‐focused financial institution headquartered in Guntersville, Alabama. Through its subsidiary, Citizens Bank & Trust, the company provides a full range of commercial and retail banking services to individuals, small businesses and corporate clients. Its offerings include deposit accounts, consumer and commercial loans, mortgage financing, and other traditional banking products.

In addition to core lending and deposit services, Citizens Bank & Trust offers wealth management and trust services, including investment advisory, retirement planning and estate administration.