Signature Bank (NASDAQ:SBNY) Now Covered by Analysts at StockNews.com

Research analysts at StockNews.com assumed coverage on shares of Signature Bank (NASDAQ:SBNY) in a report issued on Monday. The brokerage set a “sell” rating on the stock.

Signature Bank Stock Performance

Signature Bank stock opened at $1.25 on Monday. The company has a market cap of $78.66 million, a price-to-earnings ratio of 0.08 and a beta of 9.42. The firm has a 50 day moving average price of $1.43 and a 200 day moving average price of $1.84. Signature Bank has a 1 year low of $0.00 and a 1 year 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.