Silvergate Capital (NYSE:SI) Shares Up 63.3% – What’s Next?

Silvergate Capital Co. (NYSE:SI) rose 63.3% on Wednesday . The stock traded as high as $0.50 and last traded at $0.49. Approximately 13,192 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 14,795,615 shares. The stock had previously closed at $0.30.

Silvergate Capital Stock Performance

The stock has a market capitalization of $15.83 million, a P/E ratio of -0.02 and a beta of 2.23. The company has a quick ratio of 0.18, a current ratio of 0.25 and a debt-to-equity ratio of 0.54. The firm has a 50-day moving average of $0.45 and a 200 day moving average of $0.70.

Silvergate Capital Company Profile

Silvergate Capital Corporation operates as a bank holding company for Silvergate Bank that provides banking products and services to business and individual clients in the United States. The company accepts deposit products, including interest and noninterest bearing demand accounts, money market and savings accounts, and certificates of deposit accounts.