StockNews.com initiated coverage on shares of Citizens (NASDAQ:CIZN – Free Report) in a research note released on Wednesday morning. The brokerage issued a sell rating on the bank’s stock.
Citizens Price Performance
Shares of NASDAQ:CIZN opened at $7.83 on Wednesday. Citizens has a 1-year low of $6.64 and a 1-year high of $12.87. The company has a market capitalization of $44.08 million and a P/E ratio of 12.23. The firm’s 50 day simple moving average is $7.79 and its two-hundred day simple moving average is $8.48.
Citizens (NASDAQ:CIZN – Get Free Report) last issued its quarterly earnings results on Thursday, April 18th. The bank reported $0.51 earnings per share for the quarter. Citizens had a net margin of 5.28% and a return on equity of 9.16%. The business had revenue of $13.63 million for the quarter.
Citizens Dividend Announcement
Institutional Investors Weigh In On Citizens
A hedge fund recently bought a new stake in Citizens stock. Commonwealth Equity Services LLC acquired a new stake in shares of Citizens Holding (NASDAQ:CIZN – Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 15,999 shares of the bank’s stock, valued at approximately $168,000. Commonwealth Equity Services LLC owned about 0.29% of Citizens as of its most recent SEC filing. 9.74% of the stock is owned by institutional investors.
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.
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