Signature Bank (NASDAQ:SBNY – Get Free Report)’s share price rose 9.4% during trading on Friday . The company traded as high as $0.35 and last traded at $0.35. 615 shares changed hands during trading, a decline of 99% from the average session volume of 114,492 shares. The stock had previously closed at $0.32.
Signature Bank Trading Up 9.4%
The stock has a market capitalization of $22.03 million, a P/E ratio of 0.15 and a beta of 11.88. The business has a 50-day moving average price of $0.42 and a two-hundred day moving average price of $0.60.
Signature Bank Company Profile
Signature Bank was a full-service commercial bank headquartered in New York City, founded in 2001. It focused on serving privately owned businesses, their owners and senior managers, real estate investors, and private equity firms. The bank operated through relationship-driven banking, providing deposit, lending and treasury management services to a range of corporate and individual clients.
Its core offerings included commercial real estate financing, business and industrial lending, and working capital solutions tailored to owner-managed enterprises.
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