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

Equities researchers at StockNews.com started coverage on shares of Citizens (NASDAQ:CIZNGet Free Report) in a research note issued on Wednesday. The brokerage set a “sell” rating on the bank’s stock.

Citizens Trading Up 6.3 %

NASDAQ:CIZN opened at $9.30 on Wednesday. The company has a 50 day simple moving average of $8.09 and a two-hundred day simple moving average of $7.89. The company has a market cap of $52.42 million, a PE ratio of 14.53 and a beta of -0.01. Citizens has a 12 month low of $6.64 and a 12 month high of $10.78.

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

Citizens Company Profile

(Get Free Report)

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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