Citizens (NASDAQ:CIZN) Stock Price Passes Below 200 Day Moving Average – Should You Sell?

Shares of Citizens Holding (NASDAQ:CIZN) crossed 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 traded.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on Citizens in a report on Wednesday. They set a “sell” rating for the company.

Citizens Trading Down 0.3 %

The firm has a market capitalization of $45.03 million, a P/E ratio of 8.15 and a beta of -0.06. The company has a 50 day moving average of $9.52 and a 200-day moving average of $9.21.

Citizens Announces Dividend

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