Citizens (NASDAQ:CIZN) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Citizens Holding (NASDAQ:CIZN)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $9.29 and traded as low as $8.04. Citizens shares last traded at $8.04, with a volume of 8,670 shares traded.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of Citizens in a research report on Tuesday. They issued a “sell” rating on the stock.

Citizens Stock Down 2.1 %

The stock’s fifty day moving average price is $9.75 and its 200-day moving average price is $9.27. The company has a market capitalization of $44.19 million, a price-to-earnings ratio of 8.00 and a beta of -0.06.

Citizens Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 21st will be given a dividend of $0.16 per share. The ex-dividend date is Monday, March 17th. This represents a $0.64 annualized dividend and a yield of 8.16%. Citizens’s dividend payout ratio (DPR) is presently 65.31%.

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.