Citizens (NASDAQ:CIZN) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Citizens Holding (NASDAQ:CIZN)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $9.23 and traded as low as $8.03. Citizens shares last traded at $8.10, with a volume of 1,409 shares trading hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Citizens in a research report on Wednesday. They issued a “sell” rating on the stock.

Citizens Trading Down 0.3 %

The stock’s 50-day moving average is $9.52 and its 200-day moving average is $9.21. The firm has a market capitalization of $45.03 million, a price-to-earnings ratio of 8.15 and a beta of -0.06.

Citizens Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 21st were issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 8.01%. The ex-dividend date was Monday, March 17th. Citizens’s dividend payout ratio (DPR) is 8.16%.

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.