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

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

Citizens Trading Up 3.7 %

CIZN stock opened at $9.75 on Tuesday. The stock’s 50 day simple moving average is $9.31 and its 200 day simple moving average is $8.98. Citizens has a 12-month low of $7.53 and a 12-month high of $11.00. The firm has a market cap of $54.99 million, a P/E ratio of 15.98 and a beta of -0.03.

Citizens Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 16th were issued a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 6.56%. The ex-dividend date was Monday, December 16th. Citizens’s dividend payout ratio (DPR) is presently 104.92%.

Citizens Company Profile

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.