Citizens (NASDAQ:CIZN) Earns Sell Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Citizens (NASDAQ:CIZN) in a research report report published on Wednesday. The brokerage issued a sell rating on the bank’s stock.

Citizens Stock Down 1.2 %

NASDAQ:CIZN opened at $8.88 on Wednesday. The firm’s fifty day simple moving average is $9.08 and its 200-day simple moving average is $8.29. The stock has a market cap of $50.03 million, a PE ratio of 13.87 and a beta of -0.02. Citizens has a fifty-two week low of $6.64 and a fifty-two week high of $10.50.

Citizens (NASDAQ:CIZN) last issued its earnings results on Friday, July 19th. The bank reported $0.18 earnings per share for the quarter. Citizens had a net margin of 5.80% and a return on equity of 10.33%. The company had revenue of $11.14 million for the quarter.

Citizens Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were paid a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 7.21%. The ex-dividend date was Monday, September 16th. Citizens’s payout ratio is currently 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.