Signature Bank (NASDAQ:SBNY) Earns Sell Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Signature Bank (NASDAQ:SBNY) in a research report issued to clients and investors on Friday. The firm set a “sell” rating on the stock.

Signature Bank Stock Down 15.0%

Shares of Signature Bank stock opened at $0.51 on Friday. The firm’s fifty day simple moving average is $0.82 and its 200-day simple moving average is $1.11. Signature Bank has a 12 month low of $0.02 and a 12 month high of $4.10.

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.