Citizens (NASDAQ:CIZN) Shares Pass Below Two Hundred Day Moving Average of $7.77

Citizens Holding (NASDAQ:CIZN)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $7.77 and traded as low as $7.76. Citizens shares last traded at $7.76, with a volume of 890 shares changing hands.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Citizens in a research report on Thursday. They set a “sell” rating on the stock.

Citizens Trading Down 1.1 %

The company has a market capitalization of $43.77 million, a price-to-earnings ratio of 12.13 and a beta of -0.01. The stock has a 50-day simple moving average of $7.79 and a 200-day simple moving average of $7.77.

Citizens (NASDAQ:CIZN) last posted its quarterly earnings results on Thursday, April 18th. The bank reported $0.51 earnings per share (EPS) for the quarter. The firm had revenue of $13.63 million for the quarter. Citizens had a net margin of 5.28% and a return on equity of 9.16%.

Citizens Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were issued a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 8.25%. The ex-dividend date of this dividend was Friday, June 14th. Citizens’s dividend payout ratio is currently 100.00%.

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.