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

StockNews.com began coverage on shares of Signature Bank (NASDAQ:SBNY) in a report released on Saturday. The brokerage issued a sell rating on the stock.

Signature Bank Price Performance

SBNY stock opened at $1.23 on Friday. Signature Bank has a twelve month low of $0.30 and a twelve month high of $4.10. The business’s 50-day moving average price is $1.32 and its 200-day moving average price is $1.65.

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.