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

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

Signature Bank Stock Performance

Signature Bank stock opened at $1.25 on Monday. The company has a market capitalization of $78.66 million, a price-to-earnings ratio of 0.08 and a beta of 9.47. The company’s 50 day simple moving average is $1.87 and its 200-day simple moving average is $2.36. Signature Bank has a 1 year low of $0.00 and a 1 year high of $4.10.

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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