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

Shares of Citizens Holding (NASDAQ:CIZN) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $9.23 and traded as low as $8.03. Citizens shares last traded at $8.10, with a volume of 1,409 shares.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Citizens in a research report on Wednesday. They issued a “sell” rating for the company.

Citizens Stock Up 0.2 %

The company has a 50 day simple moving average of $9.62 and a 200-day simple moving average of $9.23. The stock has a market cap of $45.66 million, a price-to-earnings ratio of 8.27 and a beta of -0.06.

Citizens Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 21st were given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 7.90%. The ex-dividend date of this dividend was Monday, March 17th. Citizens’s dividend payout ratio is currently 8.16%.

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.