Signature Bank (NASDAQ:SBNY – Get Free Report)’s share price was up 11.1% during trading on Tuesday . The company traded as high as $0.50 and last traded at $0.50. Approximately 21,459 shares traded hands during trading, a decline of 43% from the average daily volume of 37,379 shares. The stock had previously closed at $0.45.
Signature Bank Trading Up 11.1%
The stock’s 50 day moving average price is $0.62 and its 200 day moving average price is $0.80. The company has a market capitalization of $31.46 million, a price-to-earnings ratio of 0.15 and a beta of 11.63.
About Signature Bank
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.
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