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

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

Citizens Stock Performance

NASDAQ CIZN opened at $8.75 on Monday. Citizens has a 52-week low of $6.64 and a 52-week high of $10.50. The business has a 50 day simple moving average of $8.85 and a 200 day simple moving average of $8.48. The stock has a market cap of $49.35 million, a price-to-earnings ratio of 14.34 and a beta of -0.02.

Citizens (NASDAQ:CIZN) last issued its quarterly earnings data on Friday, October 25th. The bank reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $10.08 million during the quarter. Citizens had a net margin of 4.44% and a return on equity of 7.54%.

Citizens Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be issued a dividend of $0.16 per share. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.64 annualized dividend and a yield of 7.31%. Citizens’s payout ratio is presently 104.92%.

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.