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

Research analysts at StockNews.com assumed coverage on shares of Signature Bank (NASDAQ:SBNY) in a report released on Tuesday. The brokerage set a “sell” rating on the stock.

Signature Bank Trading Up 13.6 %

Shares of NASDAQ:SBNY opened at $1.50 on Tuesday. Signature Bank has a 1 year low of $0.00 and a 1 year high of $4.10. The business has a fifty day simple moving average of $1.82 and a 200 day simple moving average of $2.29.

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.