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

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

Signature Bank Trading Down 6.3 %

Shares of NASDAQ:SBNY opened at $3.10 on Friday. Signature Bank has a 52-week low of $0.00 and a 52-week high of $3.60. The firm has a fifty day moving average of $2.51 and a 200 day moving average of $1.35.

About Signature Bank

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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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