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

Research analysts at StockNews.com started coverage on shares of Signature Bank (NASDAQ:SBNY) in a report released on Thursday. The brokerage set a “sell” rating on the stock.

Signature Bank Price Performance

NASDAQ SBNY opened at $1.25 on Thursday. The firm has a 50 day simple moving average of $1.71 and a 200-day simple moving average of $2.15. Signature Bank has a one year low of $0.00 and a one year high of $4.10.

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.