Signature Bank (NASDAQ:SBNY) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Signature Bank (NASDAQ:SBNY) in a report published on Sunday. The firm issued a sell rating on the stock.

Signature Bank Stock Performance

Shares of Signature Bank stock opened at $0.80 on Friday. The company has a fifty day simple moving average of $1.08 and a 200-day simple moving average of $1.34. Signature Bank has a 12-month low of $0.02 and a 12-month high of $4.10.

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.