Signature Bank (NASDAQ:SBNY) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Signature Bank (NASDAQ:SBNY) in a research report sent to investors on Friday. The firm issued a sell rating on the stock.

Signature Bank Price Performance

Shares of NASDAQ:SBNY traded down $0.05 during midday trading on Friday, reaching $1.95. The company had a trading volume of 28,630 shares, compared to its average volume of 106,583. The company’s 50 day moving average price is $2.17 and its 200 day moving average price is $2.40. Signature Bank has a 52-week low of $0.00 and a 52-week 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.