SVB Financial Group (OTCMKTS:SIVPQ) Stock Price Crosses Above Two Hundred Day Moving Average of $0.15

Shares of SVB Financial Group (OTCMKTS:SIVPQGet Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.15 and traded as high as $0.30. SVB Financial Group shares last traded at $0.20, with a volume of 10,901 shares trading hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of SVB Financial Group in a research note on Saturday, December 16th. They set a “sell” rating for the company.

View Our Latest Research Report on SVB Financial Group

SVB Financial Group Trading Down 23.1 %

The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.42. The company has a market cap of $11.84 million, a PE ratio of 0.01, a P/E/G ratio of 0.91 and a beta of 1.57. The business’s 50-day simple moving average is $0.28 and its 200-day simple moving average is $0.15.

Institutional Investors Weigh In On SVB Financial Group

Several institutional investors and hedge funds have recently modified their holdings of SIVPQ. Geneos Wealth Management Inc. increased its holdings in SVB Financial Group by 100.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 72 shares of the bank’s stock valued at $40,000 after buying an additional 36 shares during the period. Blair William & Co. IL increased its holdings in SVB Financial Group by 2.6% in the 1st quarter. Blair William & Co. IL now owns 2,368 shares of the bank’s stock valued at $1,325,000 after buying an additional 60 shares during the period. Kinneret Advisory LLC increased its holdings in SVB Financial Group by 2.3% in the 1st quarter. Kinneret Advisory LLC now owns 2,687 shares of the bank’s stock valued at $1,503,000 after buying an additional 60 shares during the period. Mercer Global Advisors Inc. ADV increased its holdings in SVB Financial Group by 2.8% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 2,362 shares of the bank’s stock valued at $793,000 after buying an additional 64 shares during the period. Finally, United Capital Financial Advisers LLC boosted its stake in shares of SVB Financial Group by 21.9% in the 1st quarter. United Capital Financial Advisers LLC now owns 478 shares of the bank’s stock valued at $267,000 after purchasing an additional 86 shares in the last quarter. Institutional investors and hedge funds own 92.35% of the company’s stock.

About SVB Financial Group

(Get Free Report)

SVB Financial Group, a diversified financial services company, offers various banking and financial products and services. It operates through four segments: Silicon Valley Bank, SVB Private, SVB Capital, and SVB Securities. The Silicon Valley Bank segment provides commercial banking products and services, including credit, treasury management, foreign exchange, trade finance, and other financial products and services.

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