Signature Bank (NASDAQ:SBNYP) Stock Price Up 2% – What’s Next?

Signature Bank (NASDAQ:SBNYPGet Free Report)’s share price rose 2% on Thursday . The company traded as high as $5.05 and last traded at $5.05. Approximately 9,110 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 119,613 shares. The stock had previously closed at $4.95.

Signature Bank Price Performance

The company has a 50-day simple moving average of $5.56 and a 200-day simple moving average of $5.87.

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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