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

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

Citizens Stock Down 2.7 %

NASDAQ CIZN opened at $8.95 on Friday. The company has a market cap of $50.45 million, a PE ratio of 14.67 and a beta of -0.03. The firm’s 50-day simple moving average is $8.97 and its two-hundred day simple moving average is $8.74. Citizens has a 52 week low of $7.53 and a 52 week high of $9.74.

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

Citizens Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 16th were paid a dividend of $0.16 per share. The ex-dividend date of this dividend was Monday, December 16th. This represents a $0.64 annualized dividend and a yield of 7.15%. Citizens’s dividend payout ratio is currently 104.92%.

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.