Citizens (NASDAQ:CIZN) Receives New Coverage from Analysts at StockNews.com

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

Citizens Trading Up 0.3 %

Shares of NASDAQ CIZN opened at $7.77 on Friday. The firm has a market cap of $43.75 million and a price-to-earnings ratio of 12.14. Citizens has a 1-year low of $6.64 and a 1-year high of $12.73. The stock has a fifty day simple moving average of $7.79 and a two-hundred day simple moving average of $8.22.

Citizens (NASDAQ:CIZN) last announced its quarterly earnings results on Thursday, April 18th. The bank reported $0.51 EPS for the quarter. Citizens had a net margin of 5.28% and a return on equity of 9.16%. The firm had revenue of $13.63 million during the quarter.

Institutional Investors Weigh In On Citizens

An institutional investor recently bought a new position in Citizens stock. Commonwealth Equity Services LLC bought a new position in shares of Citizens Holding (NASDAQ:CIZN) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 15,999 shares of the bank’s stock, valued at approximately $168,000. Commonwealth Equity Services LLC owned 0.29% of Citizens at the end of the most recent quarter. Hedge funds and other institutional investors own 9.74% of the company’s stock.

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.