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

Equities research analysts at StockNews.com started coverage on shares of Signature Bank (NASDAQ:SBNY) in a research note issued on Tuesday. The firm set a “sell” rating on the stock.

Signature Bank Price Performance

Signature Bank stock opened at $3.78 on Tuesday. The company’s 50 day simple moving average is $2.97 and its 200-day simple moving average is $1.73. Signature Bank has a 1 year low of $0.00 and a 1 year high of $3.99.

Signature Bank Company Profile

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.