Silvergate Capital (NYSE:SI) Trading Up 25% – Still a Buy?

Silvergate Capital Co. (NYSE:SIGet Free Report)’s share price rose 25% on Monday . The stock traded as high as $0.50 and last traded at $0.50. Approximately 7,133 shares changed hands during trading, a decline of 100% from the average daily volume of 14,795,615 shares. The stock had previously closed at $0.40.

Silvergate Capital Stock Up 25.0%

The firm has a market capitalization of $15.83 million, a price-to-earnings ratio of -0.02 and a beta of 2.23. The stock has a 50 day moving average of $0.38 and a 200 day moving average of $0.38. The company has a quick ratio of 0.18, a current ratio of 0.25 and a debt-to-equity ratio of 0.54.

Silvergate Capital Company Profile

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Silvergate Capital Corporation operates as a bank holding company for Silvergate Bank that provides banking products and services to business and individual clients in the United States. The company accepts deposit products, including interest and noninterest bearing demand accounts, money market and savings accounts, and certificates of deposit accounts.

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