Citizens (NASDAQ:CIZN) Stock Crosses Below 200 Day Moving Average – What’s Next?

Citizens Holding (NASDAQ:CIZN)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $9.29 and traded as low as $8.04. Citizens shares last traded at $8.04, with a volume of 8,670 shares trading hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Citizens in a research note on Tuesday. They issued a “sell” rating for the company.

Citizens Trading Down 2.1 %

The company has a market capitalization of $44.19 million, a price-to-earnings ratio of 8.00 and a beta of -0.06. The company has a 50 day moving average price of $9.75 and a 200 day moving average price of $9.27.

Citizens Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 21st will be issued a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 8.16%. The ex-dividend date is Monday, March 17th. Citizens’s dividend payout ratio (DPR) is 65.31%.

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.