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

Investment analysts at StockNews.com assumed coverage on shares of Signature Bank (NASDAQ:SBNY) in a research report issued to clients and investors on Thursday. The firm set a “sell” rating on the stock.

Signature Bank Stock Performance

NASDAQ:SBNY opened at $1.00 on Thursday. The firm has a fifty day simple moving average of $1.18 and a two-hundred day simple moving average of $1.47. Signature Bank has a 12 month low of $0.02 and a 12 month 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.