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

Analysts at StockNews.com began coverage on shares of Citizens (NASDAQ:CIZN) in a report issued on Friday. The brokerage set a “sell” rating on the bank’s stock.

Citizens Price Performance

Shares of Citizens stock opened at $9.00 on Friday. The business has a 50-day moving average of $8.94 and a 200 day moving average of $8.67. Citizens has a 12 month low of $7.53 and a 12 month high of $9.74. The stock has a market capitalization of $50.73 million, a price-to-earnings ratio of 14.75 and a beta of -0.02.

Citizens (NASDAQ:CIZN) last issued its quarterly earnings results on Friday, October 25th. The bank reported $0.06 earnings per share (EPS) for the quarter. The business had revenue of $10.08 million for the quarter. Citizens had a net margin of 4.44% and a return on equity of 7.23%.

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.