StockNews.com Initiates Coverage on SVB Financial Group (NASDAQ:SIVB)
by Kim Johansen · The Markets DailyStockNews.com began coverage on shares of SVB Financial Group (NASDAQ:SIVB – Get Free Report) in a research note issued on Saturday. The brokerage set a “sell” rating on the stock.
SVB Financial Group Stock Down 62.8 %
NASDAQ SIVB opened at $39.40 on Friday. The firm has a market cap of $2.33 billion, a price-to-earnings ratio of 0.00 and a beta of 1.57. The stock has a fifty day moving average of $0.05. SVB Financial Group has a 52-week low of $39.40 and a 52-week high of $597.16.
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