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

StockNews.com initiated coverage on shares of Signature Bank (NASDAQ:SBNY) in a research report sent to investors on Tuesday morning. The firm issued a sell rating on the stock.

Signature Bank Trading Up 3.3 %

Shares of SBNY opened at $2.17 on Tuesday. Signature Bank has a fifty-two week low of $0.00 and a fifty-two week high of $4.10. The firm has a 50-day simple moving average of $2.07 and a 200-day simple moving average of $2.46.

About Signature Bank

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.