StockNews.com Initiates Coverage on Signature Bank (NASDAQ:SBNY)

StockNews.com started coverage on shares of Signature Bank (NASDAQ:SBNY) in a research report sent to investors on Saturday. The firm issued a sell rating on the stock.

Signature Bank Stock Performance

Shares of NASDAQ:SBNY opened at $2.00 on Friday. Signature Bank has a 1-year low of $0.00 and a 1-year high of $4.10. The company has a 50 day moving average price of $3.00 and a 200 day moving average price of $2.18.

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.