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

Equities researchers at StockNews.com began coverage on shares of Signature Bank (NASDAQ:SBNYGet Free Report) in a research note issued on Wednesday. The firm set a “sell” rating on the stock.

Signature Bank Stock Down 0.4 %

NASDAQ:SBNY opened at $2.39 on Wednesday. The company has a market capitalization of $150.40 million, a PE ratio of 0.15 and a beta of 9.59. Signature Bank has a 52-week low of $0.00 and a 52-week high of $4.10. The stock has a fifty day simple moving average of $2.49 and a 200-day simple moving average of $2.36.

About Signature Bank

(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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