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 research report issued on Wednesday. The firm set a “sell” rating on the stock.

Signature Bank Stock Performance

Shares of Signature Bank stock opened at $1.28 on Wednesday. The stock’s 50-day moving average is $1.76 and its 200 day moving average is $2.21. Signature Bank has a one year low of $0.00 and a one year 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.