Signature Bank (NASDAQ:SBNYP) Trading Down 2.2% – What’s Next?

Shares of Signature Bank (NASDAQ:SBNYPGet Free Report) were down 2.2% during trading on Monday . The stock traded as low as $1.50 and last traded at $2.25. 1,788 shares were traded during trading, a decline of 99% from the average session volume of 119,613 shares. The stock had previously closed at $2.30.

Signature Bank Stock Down 2.2%

The business’s 50 day simple moving average is $2.61 and its 200 day simple moving average is $3.71.

Signature Bank Company Profile

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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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