Signature Bank (NASDAQ:SBNYP) Trading Down 1% – Here’s Why

Signature Bank (NASDAQ:SBNYPGet Free Report)’s stock price was down 1% during mid-day trading on Monday . The stock traded as low as $4.75 and last traded at $5.20. Approximately 6,673 shares were traded during trading, a decline of 94% from the average daily volume of 119,613 shares. The stock had previously closed at $5.25.

Signature Bank Price Performance

The company has a 50 day moving average price of $5.40 and a 200 day moving average price of $5.81.

Signature Bank Company Profile

(Get Free Report)

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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