StockNews.com Begins Coverage on Signature Bank (NASDAQ:SBNY)

StockNews.com assumed coverage on shares of Signature Bank (NASDAQ:SBNY) in a report released on Sunday. The brokerage issued a sell rating on the stock.

Signature Bank Trading Up 2.8 %

Shares of NASDAQ SBNY opened at $3.29 on Friday. Signature Bank has a one year low of $0.00 and a one year high of $3.60. The firm’s 50 day simple moving average is $2.67 and its two-hundred day simple moving average is $1.50.

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.