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

StockNews.com initiated coverage on shares of Citizens (NASDAQ:CIZN) in a research report issued on Sunday. The firm set a “sell” rating on the bank’s stock.

Citizens Price Performance

CIZN opened at $9.35 on Friday. The company has a fifty day moving average price of $9.01 and a 200-day moving average price of $8.78. The firm has a market capitalization of $52.71 million, a P/E ratio of 15.33 and a beta of -0.03. Citizens has a one year low of $7.53 and a one year high of $9.74.

Citizens (NASDAQ:CIZN) last posted its quarterly earnings data on Friday, October 25th. The bank reported $0.06 earnings per share (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.

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.