Signature Bank (NASDAQ:SBNY – Get Free Report) shares were down 2.2% during mid-day trading on Wednesday . The company traded as low as $0.3350 and last traded at $0.44. Approximately 2,694 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 58,332 shares. The stock had previously closed at $0.45.
Signature Bank Stock Performance
The firm has a fifty day simple moving average of $0.53 and a 200-day simple moving average of $0.76. The firm has a market cap of $27.69 million, a price-to-earnings ratio of 0.15 and a beta of 11.65.
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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