Citizens (NASDAQ:CIZN) Coverage Initiated by Analysts at StockNews.com

Stock analysts at StockNews.com initiated coverage on shares of Citizens (NASDAQ:CIZN) in a research note issued on Thursday. The brokerage set a “sell” rating on the bank’s stock.

Citizens Stock Performance

Citizens stock opened at $7.85 on Thursday. The stock’s 50 day moving average price is $7.79 and its two-hundred day moving average price is $8.39. The stock has a market capitalization of $44.19 million and a price-to-earnings ratio of 12.27. Citizens has a 52-week low of $6.64 and a 52-week high of $12.86.

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

Institutional Trading of Citizens

A hedge fund recently bought a new stake in Citizens stock. Commonwealth Equity Services LLC acquired a new position in Citizens Holding (NASDAQ:CIZN) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 15,999 shares of the bank’s stock, valued at approximately $168,000. Commonwealth Equity Services LLC owned 0.29% of Citizens as of its most recent filing with the Securities and Exchange Commission. 9.74% of the stock is currently owned by hedge funds and other institutional investors.

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.