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

Equities research analysts at StockNews.com began coverage on shares of Signature Bank (NASDAQ:SBNY) in a research note issued on Wednesday. The brokerage set a “sell” rating on the stock.

Signature Bank Trading Down 0.8 %

Shares of SBNY opened at $1.22 on Wednesday. Signature Bank has a 12-month low of $0.30 and a 12-month high of $4.10. The stock has a market cap of $76.77 million, a P/E ratio of 0.07 and a beta of 9.50. The company has a 50-day moving average of $1.34 and a two-hundred day moving average of $1.76.

Signature Bank Company Profile

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.