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

Analysts at StockNews.com initiated coverage on shares of Signature Bank (NASDAQ:SBNY) in a research report issued on Wednesday. The firm set a “sell” rating on the stock.

Signature Bank Stock Down 0.9 %

NASDAQ SBNY opened at $1.14 on Wednesday. Signature Bank has a 12 month low of $0.02 and a 12 month high of $4.10. The company has a 50-day moving average of $1.22 and a 200-day moving average of $1.51.

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.