StockNews.com Begins Coverage on Signature Bank (NASDAQ:SBNY)

StockNews.com began coverage on shares of Signature Bank (NASDAQ:SBNY) in a report issued on Sunday. The brokerage issued a sell rating on the stock.

Signature Bank Stock Performance

Shares of SBNY stock opened at $3.20 on Friday. The company’s fifty day moving average price is $2.64 and its 200-day moving average price is $1.48. Signature Bank has a 12 month low of $0.00 and a 12 month high of $3.60.

Signature Bank Company Profile

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.