Signature Bank (NASDAQ:SBNY) Earns Sell Rating from Analysts at StockNews.com

Equities researchers at StockNews.com began coverage on shares of Signature Bank (NASDAQ:SBNY) in a note issued to investors on Thursday. The firm set a “sell” rating on the stock.

Signature Bank Stock Up 1.7 %

Shares of Signature Bank stock opened at $1.22 on Thursday. Signature Bank has a fifty-two week low of $0.30 and a fifty-two week high of $4.10. The business’s fifty day moving average is $1.34 and its two-hundred day moving average is $1.74. The firm has a market cap of $76.77 million, a PE ratio of 0.07 and a beta of 9.50.

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.