Signature Bank (NASDAQ:SBNY – Get Free Report) shares were down 18.6% during mid-day trading on Thursday . The company traded as low as $0.15 and last traded at $0.35. 1,843 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 53,156 shares. The stock had previously closed at $0.43.
Signature Bank Stock Performance
The stock has a market capitalization of $22.03 million, a P/E ratio of 0.15 and a beta of 11.76. The firm has a 50-day moving average price of $0.46 and a 200 day moving average price of $0.67.
Signature Bank Company Profile
Signature Bank was a full-service commercial bank headquartered in New York City, founded in 2001. It focused on serving privately owned businesses, their owners and senior managers, real estate investors, and private equity firms. The bank operated through relationship-driven banking, providing deposit, lending and treasury management services to a range of corporate and individual clients.
Its core offerings included commercial real estate financing, business and industrial lending, and working capital solutions tailored to owner-managed enterprises.
See Also
- Five stocks we like better than Signature Bank
- Premium Retail’s Stress Test Is Separating Winners From Losers
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
- GE Vernova Just Sent a Mixed AI Signal to Investors
- Alphabet Crushed Earnings, But One Number Spooked the Market
Receive News & Ratings for Signature Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Signature Bank and related companies with MarketBeat.com's FREE daily email newsletter.
