Citizens (NASDAQ:CIZN) Coverage Initiated by Analysts at StockNews.com

StockNews.com began coverage on shares of Citizens (NASDAQ:CIZN) in a report published on Sunday morning. The brokerage issued a sell rating on the bank’s stock.

Citizens Price Performance

Shares of NASDAQ:CIZN opened at $9.05 on Friday. The business’s fifty day moving average price is $8.92 and its two-hundred day moving average price is $8.43. Citizens has a fifty-two week low of $6.64 and a fifty-two week high of $10.50. The stock has a market capitalization of $51.04 million, a price-to-earnings ratio of 14.84 and a beta of -0.02.

Citizens (NASDAQ:CIZN) last announced its earnings results on Friday, October 25th. The bank reported $0.06 earnings per share for the quarter. The company had revenue of $10.08 million during the quarter. Citizens had a net margin of 4.44% and a return on equity of 7.54%.

Citizens Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were paid a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 7.07%. The ex-dividend date of this dividend was Monday, September 16th. Citizens’s payout ratio is presently 104.92%.

About Citizens

Citizens Holding Company operates as the bank holding company for The Citizens Bank of Philadelphia that provides various commercial and personal banking products and services. It offers demand deposits; and savings and time deposit accounts. The company also provides secured and unsecured loans; mortgage loans; single and multi-family housing, farm, residential and commercial construction, and commercial real estate loans; commercial, industrial, and agricultural production loans; and consumer loans, as well as issues letters of credit.