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

Analysts at StockNews.com started coverage on shares of Signature Bank (NASDAQ:SBNY) in a report released on Tuesday. The firm set a “sell” rating on the stock.

Signature Bank Trading Up 5.4 %

NASDAQ SBNY opened at $1.37 on Tuesday. Signature Bank has a 12 month low of $0.30 and a 12 month high of $4.10. The stock has a market cap of $86.21 million, a price-to-earnings ratio of 0.08 and a beta of 9.44. The company’s 50 day moving average is $1.36 and its two-hundred day moving average is $1.79.

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.