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

StockNews.com initiated coverage on shares of Signature Bank (NASDAQ:SBNY) in a research note published on Tuesday morning. The brokerage issued a sell rating on the stock.

Signature Bank Price Performance

NASDAQ SBNY opened at $1.15 on Tuesday. Signature Bank has a 12-month low of $0.02 and a 12-month high of $4.10. The firm has a 50-day moving average price of $1.23 and a two-hundred day moving average price of $1.53.

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.