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

StockNews.com initiated coverage on shares of Signature Bank (NASDAQ:SBNYFree Report) in a report issued on Tuesday. The firm issued a sell rating on the stock.

Signature Bank Price Performance

SBNY stock opened at $1.21 on Tuesday. The firm has a 50-day moving average of $1.36 and a 200 day moving average of $1.79. The company has a market cap of $76.15 million, a P/E ratio of 0.07 and a beta of 9.44. Signature Bank has a 1 year low of $0.30 and a 1 year high of $4.10.

Signature Bank Company Profile

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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.

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