Previous close | 19.41 |
Open | 20.05 |
Bid | 19.33 x 1100 |
Ask | 31.05 x 900 |
Day's range | 19.14 - 20.05 |
52-week range | 15.23 - 25.20 |
Volume | |
Avg. volume | 19,454 |
Market cap | N/A |
Beta (5Y monthly) | 3.09 |
PE ratio (TTM) | 6.13 |
EPS (TTM) | 3.13 |
Earnings date | N/A |
Forward dividend & yield | 1.34 (6.91%) |
Ex-dividend date | 28 July 2022 |
1y target est | N/A |
Silvergate is a tiny, under-the-radar bank. What makes it notable is that Silvergate was a first-mover in providing banking services to the crypto industry. Silvergate saw this problem as an opportunity.
Shares of several crypto stocks are rising today after a good weekend for Bitcoin (CRYPTO: BTC), which seems to be moving higher due to investors' belief that inflation has peaked. As of this writing, the price of Bitcoin has risen 4.4% over the last 24 hours. Shares of the large crypto exchange Coinbase (NASDAQ: COIN) were trading roughly 6.5% higher at 11:15 a.m. ET today.
Silvergate Capital (SI) stock skyrockets 91.3% QTD. Here we try to understand the key reasons for this sudden bullish investor sentiments toward the stock.