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

Research analysts at StockNews.com assumed coverage on shares of Signature Bank (NASDAQ:SBNY) in a report released on Tuesday. The firm set a “sell” rating on the stock.

Signature Bank Price Performance

Shares of NASDAQ:SBNY opened at $1.30 on Tuesday. Signature Bank has a 12 month low of $0.30 and a 12 month high of $4.10. The firm has a market capitalization of $81.81 million, a P/E ratio of 0.08 and a beta of 9.42. The company’s fifty day moving average price is $1.38 and its 200 day moving average price is $1.81.

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.