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

Investment analysts at StockNews.com assumed coverage on shares of Signature Bank (NASDAQ:SBNY) in a research note issued on Wednesday. The firm set a “sell” rating on the stock.

Signature Bank Price Performance

NASDAQ:SBNY opened at $1.28 on Wednesday. Signature Bank has a one year low of $0.00 and a one year high of $4.10. The firm has a 50-day moving average of $1.76 and a 200-day moving average of $2.21.

Signature Bank Company Profile

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.