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

Equities research analysts at StockNews.com initiated coverage on shares of Signature Bank (NASDAQ:SBNY) in a research report issued to clients and investors on Sunday. The brokerage set a “sell” rating on the stock.

Signature Bank Trading Up 0.3 %

Shares of SBNY stock opened at $3.25 on Friday. Signature Bank has a twelve month low of $0.00 and a twelve month high of $3.60. The stock has a fifty day simple moving average of $2.59 and a two-hundred day simple moving average of $1.43.

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.