StockNews.com Begins Coverage on Signature Bank (NASDAQ:SBNY)

Equities research analysts at StockNews.com assumed coverage on shares of Signature Bank (NASDAQ:SBNY) in a note issued to investors on Tuesday. The firm set a “sell” rating on the stock.

Signature Bank Price Performance

Signature Bank stock opened at $1.50 on Tuesday. Signature Bank has a one year low of $0.00 and a one year high of $4.10. The company’s fifty day moving average price is $1.82 and its two-hundred day moving average price is $2.29.

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.