Signature Bank (NASDAQ:SBNY) Coverage Initiated by Analysts at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of Signature Bank (NASDAQ:SBNY) in a note issued to investors on Monday. The firm set a “sell” rating on the stock.

Signature Bank Price Performance

Signature Bank stock opened at $0.80 on Monday. Signature Bank has a one year low of $0.02 and a one year high of $4.10. The stock’s 50 day moving average price is $1.00 and its 200 day moving average price is $1.27.

About Signature Bank

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.