Citizens (NASDAQ:CIZN) Now Covered by StockNews.com

StockNews.com assumed coverage on shares of Citizens (NASDAQ:CIZN) in a research report released on Sunday morning. The firm issued a sell rating on the bank’s stock.

Citizens Price Performance

Citizens stock opened at $8.90 on Friday. Citizens has a fifty-two week low of $6.64 and a fifty-two week high of $10.50. The firm’s 50 day simple moving average is $8.90 and its 200-day simple moving average is $8.44. The company has a market cap of $50.20 million, a P/E ratio of 14.59 and a beta of -0.02.

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

Citizens Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were paid a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 7.19%. The ex-dividend date was Monday, September 16th. Citizens’s dividend payout ratio is currently 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.