Signature Bank (NASDAQ:SBNY – Get Free Report) shares traded down 5.1% on Monday . The company traded as low as $0.40 and last traded at $0.56. 13,934 shares changed hands during mid-day trading, a decline of 57% from the average session volume of 32,102 shares. The stock had previously closed at $0.59.
Signature Bank Trading Down 5.1%
The business has a 50 day moving average price of $0.66 and a 200-day moving average price of $0.81. The firm has a market capitalization of $35.24 million, a PE ratio of 0.15 and a beta of 12.08.
Signature Bank Company Profile
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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