Signature Bank (NASDAQ:SBNYP) Stock Price Down 4.5% – Here’s Why

Signature Bank (NASDAQ:SBNYPGet Free Report) dropped 4.5% on Wednesday . The stock traded as low as $3.85 and last traded at $4.25. Approximately 1,151 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 119,613 shares. The stock had previously closed at $4.45.

Signature Bank Stock Performance

The business has a fifty day simple moving average of $4.83 and a 200 day simple moving average of $4.12.

Signature Bank Company Profile

(Get Free Report)

Signature Bank (NASDAQ: SBNYP) is a full-service commercial bank headquartered in New York, New York. Since its founding in 2001, the bank has focused on delivering relationship-based banking and lending solutions to privately owned businesses, their owners and senior managers. With a strong emphasis on client service, Signature Bank has built a reputation for personalized attention and rapid decision-making in its core markets.

The bank’s product suite includes commercial real estate lending, working capital financing, commercial deposit accounts and treasury management services.

Featured Articles

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.