Citizens (NASDAQ:CIZN) Coverage Initiated by Analysts at StockNews.com

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

Citizens Price Performance

Shares of CIZN stock opened at $7.80 on Thursday. Citizens has a 1-year low of $7.65 and a 1-year high of $11.00. The company has a market cap of $43.97 million, a price-to-earnings ratio of 7.96 and a beta of 0.02. The stock has a 50 day simple moving average of $9.25 and a 200-day simple moving average of $9.16.

Citizens Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 21st were issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 8.21%. The ex-dividend date was Monday, March 17th. Citizens’s payout ratio is 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.