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

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

Citizens Price Performance

CIZN traded down $0.25 during midday trading on Monday, reaching $8.50. 1,242 shares of the company’s stock traded hands, compared to its average volume of 6,797. The firm has a fifty day moving average of $7.85 and a two-hundred day moving average of $7.81. Citizens has a 52 week low of $6.64 and a 52 week high of $11.59. The stock has a market capitalization of $47.91 million, a price-to-earnings ratio of 13.67 and a beta of -0.01.

Citizens (NASDAQ:CIZN) last posted its quarterly earnings data on Friday, July 19th. The bank reported $0.18 EPS for the quarter. Citizens had a net margin of 5.80% and a return on equity of 11.07%. The business had revenue of $11.14 million for the quarter.

Citizens Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 7.53%. The ex-dividend date was Friday, June 14th. Citizens’s dividend payout ratio (DPR) is 100.00%.

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.