Shares of Signature Bank (NASDAQ:SBNYP – Get Free Report) traded down 2.2% during mid-day trading on Thursday . The company traded as low as $2.25 and last traded at $2.25. 2,568 shares changed hands during trading, a decline of 98% from the average session volume of 119,613 shares. The stock had previously closed at $2.30.
Signature Bank Stock Performance
The stock’s 50-day moving average price is $2.87 and its 200-day moving average price is $3.88.
Signature Bank Company Profile
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.
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