Silvergate Capital (NYSE:SI) Trading Down 39.7%

Silvergate Capital Co. (NYSE:SIGet Free Report)’s share price traded down 39.7% during mid-day trading on Wednesday . The stock traded as low as $0.50 and last traded at $0.70. 323,568 shares changed hands during trading, a decline of 98% from the average session volume of 14,795,615 shares. The stock had previously closed at $1.16.

Silvergate Capital Trading Down 39.7 %

The company has a debt-to-equity ratio of 0.54, a current ratio of 0.25 and a quick ratio of 0.18. The firm has a market cap of $22.16 million, a price-to-earnings ratio of -0.02 and a beta of 2.23. The business’s 50-day moving average price is $0.82 and its two-hundred day moving average price is $0.57.

Silvergate Capital Company Profile

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Silvergate Capital Corporation operates as a bank holding company for Silvergate Bank that provides banking products and services to business and individual clients in the United States. The company accepts deposit products, including interest and noninterest bearing demand accounts, money market and savings accounts, and certificates of deposit accounts.

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