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Signature Bank (NASDAQ:SBNY) Coverage Initiated by Analysts at StockNews.com

Signature Bank logo with Finance background

Analysts at StockNews.com began coverage on shares of Signature Bank (NASDAQ:SBNY - Get Free Report) in a research note issued on Wednesday. The firm set a "sell" rating on the stock.

Signature Bank Price Performance

Shares of NASDAQ SBNY traded down $0.01 during mid-day trading on Wednesday, reaching $1.22. 18,723 shares of the company's stock traded hands, compared to its average volume of 20,145. The business has a 50-day simple moving average of $1.34 and a 200 day simple moving average of $1.77. The stock has a market cap of $76.77 million, a P/E ratio of 0.07 and a beta of 9.50. Signature Bank has a 1-year low of $0.30 and a 1-year high of $4.10.

About Signature Bank

(Get Free Report)

As of March 12, 2023, Signature Bank went out of business. Previously, the company provided digital assets banking services and comprised of certain loan portfolios. The company was incorporated in 2000 and is based in New York, New York. Signature Bank now trades on OTCPK.

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