Signature Bank (NASDAQ:SBNYP) Trading Up 1% – Time to Buy?

Signature Bank (NASDAQ:SBNYPGet Free Report)’s stock price shot up 1% on Monday . The company traded as high as $5.00 and last traded at $5.00. 6,017 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 119,613 shares. The stock had previously closed at $4.95.

Signature Bank Price Performance

The company’s 50 day moving average is $5.18 and its 200-day moving average is $5.40.

About Signature Bank

(Get Free Report)

Signature Bank provides commercial banking products and services. It accepts various deposit products, including checking accounts, money market accounts, escrow deposit accounts, cash concentration accounts, certificates of deposit, and other cash management products. The company provides various lending products comprising commercial and industrial loans, real estate loans, and letters of credit.

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