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

StockNews.com began coverage on shares of Signature Bank (NASDAQ:SBNYFree Report) in a research report released on Wednesday. The brokerage issued a sell rating on the stock.

Signature Bank Trading Up 0.8 %

Shares of SBNY opened at $1.23 on Wednesday. Signature Bank has a 12 month low of $0.30 and a 12 month high of $4.10. The business’s fifty day simple moving average is $1.34 and its two-hundred day simple moving average is $1.76. The company has a market cap of $77.40 million, a price-to-earnings ratio of 0.08 and a beta of 9.50.

Signature Bank Company Profile

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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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