Signature Bank (NASDAQ:SBNYP – Get Free Report)’s stock price shot up 2% during trading on Thursday . The company traded as high as $5.05 and last traded at $5.05. 9,110 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 119,613 shares. The stock had previously closed at $4.95.
Signature Bank Price Performance
The business’s 50-day simple moving average is $5.56 and its 200-day simple moving average is $5.85.
About Signature Bank
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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