StockNews.com initiated coverage on shares of Signature Bank (NASDAQ:SBNY – Free Report) in a research report sent to investors on Wednesday morning. The brokerage issued a sell rating on the stock.
Signature Bank Stock Down 3.5 %
Shares of NASDAQ:SBNY opened at $1.10 on Wednesday. The firm’s 50-day simple moving average is $1.21 and its 200-day simple moving average is $1.50. Signature Bank has a fifty-two week low of $0.02 and a fifty-two week high of $4.10.
About Signature Bank
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