StockNews.com initiated coverage on shares of SVB Financial Group (NASDAQ:SIVB – Free Report) in a research note published on Thursday morning. The brokerage issued a sell rating on the stock.
SVB Financial Group Stock Down 62.8 %
SIVB stock opened at $39.40 on Thursday. The firm has a 50 day moving average of $0.01 and a two-hundred day moving average of $0.02. SVB Financial Group has a 12 month low of $39.40 and a 12 month high of $597.16. The company has a market capitalization of $2.33 billion, a price-to-earnings ratio of 0.00 and a beta of 1.57.
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