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

StockNews.com started coverage on shares of Signature Bank (NASDAQ:SBNY) in a research note issued to investors on Monday. The brokerage issued a sell rating on the stock.

Signature Bank Price Performance

Signature Bank stock opened at $1.25 on Monday. The company has a market cap of $78.35 million, a price-to-earnings ratio of 0.08 and a beta of 9.42. The firm has a 50-day moving average of $1.43 and a 200-day moving average of $1.84. 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.