StockNews.com Initiates Coverage on SVB Financial Group (NASDAQ:SIVB)

Investment analysts at StockNews.com initiated coverage on shares of SVB Financial Group (NASDAQ:SIVBGet Free Report) in a report released on Monday. The firm set a “sell” rating on the stock.

SVB Financial Group Trading Down 62.8 %

SIVB opened at $39.40 on Monday. SVB Financial Group has a 12 month low of $39.40 and a 12 month high of $597.16. The business’s 50-day moving average price is $0.01 and its 200-day moving average price is $0.03. The company has a market cap of $2.33 billion, a P/E ratio of 1.55 and a beta of 1.57.

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