Silvergate Capital (NYSE:SI) Trading 31.4% Higher – Still a Buy?

Shares of Silvergate Capital Co. (NYSE:SIGet Free Report) shot up 31.4% on Wednesday . The company traded as high as $0.46 and last traded at $0.46. 17,736 shares changed hands during trading, a decline of 100% from the average session volume of 14,795,615 shares. The stock had previously closed at $0.35.

Silvergate Capital Stock Performance

The stock has a market cap of $11.08 million, a price-to-earnings ratio of -0.01 and a beta of 2.23. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.25 and a quick ratio of 0.18. The company’s fifty day moving average price is $0.37 and its 200-day moving average price is $0.55.

Silvergate Capital Company Profile

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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.

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