Signature Bank (NASDAQ:SBNY) Earns Sell Rating from Analysts at StockNews.com

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

Signature Bank Stock Performance

Shares of SBNY opened at $1.25 on Thursday. Signature Bank has a fifty-two week low of $0.00 and a fifty-two week high of $4.10. The firm’s 50-day simple moving average is $1.69 and its two-hundred day simple moving average is $2.14.

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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