Previous close | 104.51 |
Open | 107.00 |
Bid | 0.00 x 800 |
Ask | 0.00 x 800 |
Day's range | 100.67 - 108.11 |
52-week range | 50.65 - 239.26 |
Volume | |
Avg. volume | 1,209,457 |
Market cap | 3.086B |
Beta (5Y monthly) | 2.76 |
PE ratio (TTM) | 36.41 |
EPS (TTM) | 2.79 |
Earnings date | 18 Apr 2022 - 22 Apr 2022 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 132.90 |
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.