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 released on Saturday morning. The brokerage issued a sell rating on the bank’s stock.

Citizens Trading Down 1.6 %

CIZN opened at $9.24 on Friday. Citizens has a 12-month low of $6.64 and a 12-month high of $10.64. The business’s fifty day simple moving average is $8.68 and its 200-day simple moving average is $8.10. The company has a market capitalization of $52.09 million, a price-to-earnings ratio of 14.44 and a beta of -0.02.

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

Citizens Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be paid a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.93%. The ex-dividend date is Monday, September 16th. Citizens’s dividend payout ratio (DPR) is currently 100.00%.

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.