StockNews.com began coverage on shares of Citizens (NASDAQ:CIZN – Free Report) in a research note released on Saturday. The firm issued a sell rating on the bank’s stock.
Citizens Price Performance
Shares of Citizens stock opened at $7.84 on Friday. Citizens has a twelve month low of $6.64 and a twelve month high of $12.00. The business has a 50-day moving average price of $7.79 and a 200 day moving average price of $7.79. The firm has a market cap of $44.19 million, a PE ratio of 12.25 and a beta of -0.01.
Citizens Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were issued a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 8.16%. The ex-dividend date of this dividend was Friday, June 14th. Citizens’s payout ratio is 100.00%.
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.
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