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

Investment analysts at StockNews.com began coverage on shares of Signature Bank (NASDAQ:SBNYGet Free Report) in a research note issued to investors on Tuesday. The firm set a “sell” rating on the stock.

Signature Bank Stock Up 6.9 %

Shares of SBNY opened at $0.78 on Tuesday. Signature Bank has a twelve month low of $0.02 and a twelve month high of $4.10. The stock’s fifty day simple moving average is $0.97 and its 200 day simple moving average is $1.23.

About Signature Bank

(Get Free Report)

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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