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

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

Citizens Trading Up 2.4 %

Shares of CIZN opened at $9.98 on Wednesday. The stock has a 50 day simple moving average of $9.42 and a 200-day simple moving average of $9.06. The stock has a market cap of $56.29 million, a PE ratio of 10.18 and a beta of -0.02. Citizens has a 1 year low of $7.60 and a 1 year high of $11.00.

Citizens Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 16th were issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.41%. The ex-dividend date was Monday, December 16th. Citizens’s dividend payout ratio is currently 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.