Citizens (NASDAQ:CIZN) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of Citizens (NASDAQ:CIZN) in a research note issued to investors on Wednesday morning. The brokerage issued a sell rating on the bank’s stock.

Citizens Stock Performance

NASDAQ CIZN opened at $9.98 on Wednesday. The stock has a market capitalization of $56.29 million, a price-to-earnings ratio of 10.18 and a beta of -0.02. Citizens has a 52 week low of $7.60 and a 52 week high of $11.00. The stock’s 50 day moving average price is $9.42 and its two-hundred day moving average price is $9.06.

Citizens Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 16th were paid a $0.16 dividend. The ex-dividend date of this dividend was Monday, December 16th. This represents a $0.64 annualized dividend and a yield of 6.41%. Citizens’s dividend payout ratio is 65.31%.

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.