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

StockNews.com initiated coverage on shares of Citizens (NASDAQ:CIZN) in a note issued to investors on Thursday. The brokerage set a “sell” rating on the bank’s stock.

Citizens Trading Down 0.2 %

Shares of CIZN stock opened at $8.90 on Thursday. Citizens has a 12 month low of $7.00 and a 12 month high of $9.55. The firm has a market capitalization of $50.17 million, a PE ratio of 14.59 and a beta of -0.02. The firm has a fifty day simple moving average of $8.89 and a two-hundred day simple moving average of $8.61.

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

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.