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

Equities researchers at StockNews.com started coverage on shares of Citizens (NASDAQ:CIZN) in a research note issued on Sunday. The brokerage set a “sell” rating on the bank’s stock.

Citizens Price Performance

NASDAQ CIZN opened at $9.35 on Friday. The business has a fifty day moving average price of $9.01 and a two-hundred day moving average price of $8.78. Citizens has a fifty-two week low of $7.53 and a fifty-two week high of $9.74. The stock has a market capitalization of $52.71 million, a PE ratio of 15.33 and a beta of -0.03.

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

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.