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

Research analysts at StockNews.com started coverage on shares of Citizens (NASDAQ:CIZN) in a report released on Friday. The brokerage set a “sell” rating on the bank’s stock.

Citizens Price Performance

Shares of CIZN opened at $8.92 on Friday. The company has a 50-day simple moving average of $8.94 and a two-hundred day simple moving average of $8.68. The firm has a market capitalization of $50.28 million, a PE ratio of 14.62 and a beta of -0.02. Citizens has a one year low of $7.53 and a one year high of $9.74.

Citizens (NASDAQ:CIZN) last released its earnings results on Friday, October 25th. The bank reported $0.06 EPS for the quarter. The company had revenue of $10.08 million during the quarter. Citizens had a return on equity of 7.23% and a net margin of 4.44%.

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.