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

Stock analysts at StockNews.com started coverage on shares of Signature Bank (NASDAQ:SBNY) in a research report issued to clients and investors on Friday. The firm set a “sell” rating on the stock.

Signature Bank Trading Up 2.5 %

Shares of SBNY stock opened at $1.23 on Friday. The company has a 50 day moving average price of $1.58 and a 200-day moving average price of $2.06. Signature Bank has a 52 week low of $0.00 and a 52 week 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.