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

Stock analysts at StockNews.com initiated coverage on shares of Citizens (NASDAQ:CIZN) in a research note issued to investors on Friday. The firm set a “sell” rating on the bank’s stock.

Citizens Stock Performance

NASDAQ:CIZN opened at $9.40 on Friday. The stock has a market cap of $52.99 million, a price-to-earnings ratio of 14.69 and a beta of -0.02. Citizens has a one year low of $6.64 and a one year high of $10.64. The business’s 50-day simple moving average is $8.48 and its 200 day simple moving average is $8.03.

Citizens (NASDAQ:CIZN) last announced its quarterly earnings data on Friday, July 19th. The bank reported $0.18 earnings per share for the quarter. The company had revenue of $11.14 million during the quarter. Citizens had a net margin of 5.80% and a return on equity of 10.33%.

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.