StockNews.com Begins Coverage on Citizens (NASDAQ:CIZN)

StockNews.com started coverage on shares of Citizens (NASDAQ:CIZN) in a research note released on Monday morning. The brokerage issued a sell rating on the bank’s stock.

Citizens Price Performance

Shares of NASDAQ:CIZN opened at $9.00 on Monday. The firm has a market cap of $50.73 million, a P/E ratio of 14.75 and a beta of -0.02. Citizens has a 12-month low of $6.64 and a 12-month high of $10.50. The business has a fifty day simple moving average of $8.86 and a 200 day simple moving average of $8.48.

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

Citizens Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 7.11%. The ex-dividend date was Monday, September 16th. Citizens’s dividend payout ratio is 104.92%.

Citizens Company Profile

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.