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

Equities research analysts at StockNews.com began coverage on shares of Signature Bank (NASDAQ:SBNY) in a report released on Saturday. The firm set a “sell” rating on the stock.

Signature Bank Trading Down 3.1 %

Shares of SBNY stock opened at $0.95 on Friday. The company’s fifty day simple moving average is $1.11 and its two-hundred day simple moving average is $1.38. Signature Bank has a 52 week low of $0.02 and a 52 week high of $4.10.

About Signature Bank

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.