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

Equities research analysts at StockNews.com began coverage on shares of Citizens (NASDAQ:CIZNGet Free Report) in a research note issued on Saturday. The brokerage set a “sell” rating on the bank’s stock.

Citizens Stock Performance

CIZN opened at $9.20 on Friday. The firm has a market cap of $51.86 million, a price-to-earnings ratio of 15.08 and a beta of -0.03. The firm’s 50-day simple moving average is $8.96 and its 200-day simple moving average is $8.72. Citizens has a twelve month low of $7.53 and a twelve month high of $9.74.

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

Citizens Company Profile

(Get Free Report)

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.

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