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

StockNews.com assumed coverage on shares of Signature Bank (NASDAQ:SBNYFree Report) in a research note released on Friday. The brokerage issued a sell rating on the stock.

Signature Bank Stock Up 2.5 %

SBNY opened at $1.23 on Friday. The business’s fifty day simple moving average is $1.59 and its 200 day simple moving average is $2.07. Signature Bank has a 52 week low of $0.00 and a 52 week high of $4.10.

Signature Bank Company Profile

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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.

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