Signature Bank (NASDAQ:SBNY) Earns Sell Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Signature Bank (NASDAQ:SBNY) in a research note released on Friday morning. The firm issued a sell rating on the stock.

Signature Bank Stock Performance

NASDAQ:SBNY opened at $1.23 on Friday. Signature Bank has a one year low of $0.00 and a one year high of $4.10. The business has a fifty day moving average price of $1.58 and a 200-day moving average price of $2.05.

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.