Citizens (NYSE:CIA) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Citizens, Inc. (NYSE:CIA)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-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 trading hands.

Analysts Set New Price Targets

Separately, Singular Research upgraded shares of Citizens to a “strong-buy” rating in a research report on Monday, November 18th.

Citizens Trading Down 4.4 %

The firm has a 50-day moving average of $4.52 and a two-hundred day moving average of $4.13. The firm has a market capitalization of $269.01 million, a P/E ratio of 12.53 and a beta of 0.13.

Institutional Investors Weigh In On Citizens

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Alpine Global Management LLC bought a new position in Citizens in the 4th quarter valued at approximately $41,000. OMERS ADMINISTRATION Corp acquired a new position in shares of Citizens during the fourth quarter worth $63,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Citizens in the 3rd quarter valued at $82,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of Citizens during the 4th quarter valued at $92,000. Finally, Balyasny Asset Management L.P. acquired a new stake in shares of Citizens during the 4th quarter valued at $120,000. 13.73% of the stock is owned by institutional investors.

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.