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

Equities researchers at StockNews.com assumed coverage on shares of Citizens (NASDAQ:CIZN) in a research report issued to clients and investors on Monday. The brokerage set a “sell” rating on the bank’s stock.

Citizens Price Performance

Shares of NASDAQ CIZN opened at $9.00 on Monday. Citizens has a one year low of $6.64 and a one year high of $10.64. The business’s fifty day moving average price is $8.89 and its 200-day moving average price is $8.18. The stock has a market capitalization of $50.73 million, a PE ratio of 14.06 and a beta of -0.02.

Citizens (NASDAQ:CIZN) last issued its quarterly earnings data on Friday, July 19th. The bank reported $0.18 earnings per share (EPS) for the quarter. The business had revenue of $11.14 million for the quarter. Citizens had a return on equity of 10.33% and a net margin of 5.80%.

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.