Signature Bank (NASDAQ:SBNY) Trading Down 0% – Here’s Why

Signature Bank (NASDAQ:SBNYGet Free Report)’s stock price dropped 0% on Wednesday . The company traded as low as $0.62 and last traded at $0.77. Approximately 12,670 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 62,914 shares. The stock had previously closed at $0.78.

Analyst Ratings Changes

Separately, Wall Street Zen assumed coverage on shares of Signature Bank in a report on Friday, May 16th. They issued a “sell” rating for the company.

Check Out Our Latest Report on Signature Bank

Signature Bank Stock Performance

The business has a 50 day simple moving average of $0.72 and a 200-day simple moving average of $0.99.

Signature Bank Company Profile

(Get Free Report)

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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