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

StockNews.com began coverage on shares of Citizens (NASDAQ:CIZNGet Free Report) in a report issued on Thursday. The firm set a “sell” rating on the bank’s stock.

Citizens Stock Down 8.6 %

CIZN stock opened at $8.90 on Thursday. The company’s 50-day moving average price is $8.91 and its two-hundred day moving average price is $8.62. Citizens has a 12 month low of $7.30 and a 12 month high of $9.74. The firm has a market cap of $50.17 million, a P/E ratio of 14.59 and a beta of -0.02.

Citizens (NASDAQ:CIZNGet Free Report) last announced its quarterly earnings data 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 business had revenue of $10.08 million during the quarter.

About Citizens

(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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