Signature Bank (NASDAQ:SBNYP – Get Free Report) shot up 10% on Friday . The stock traded as high as $5.00 and last traded at $4.95. 53,738 shares traded hands during trading, a decline of 55% from the average session volume of 119,613 shares. The stock had previously closed at $4.50.
Signature Bank Stock Performance
The business has a 50-day simple moving average of $4.96 and a 200-day simple moving average of $5.19.
About Signature Bank
Signature Bank provides commercial banking products and services. It accepts various deposit products, including checking accounts, money market accounts, escrow deposit accounts, cash concentration accounts, certificates of deposit, and other cash management products. The company provides various lending products comprising commercial and industrial loans, real estate loans, and letters of credit.
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