|Bid||202.65 x 1100|
|Ask||204.27 x 1200|
|Day's range||198.67 - 231.79|
|52-week range||35.00 - 239.26|
|Beta (5Y monthly)||2.62|
|PE ratio (TTM)||73.80|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
The cryptocurrency sector's favorite bank got a rave review from Morgan Stanley in light of accelerated policy-writing efforts in the digital-asset space.
One company that answers "yes" to all three questions is Silvergate Capital (NYSE: SI). Silvergate is a bank that focuses on cryptocurrency customers. Among its many advantages, Silvergate was one of the first movers in this space, working with Bitcoin (CRYPTO: BTC) when it was still trading at around $100 a token.
There was no specific reason, but the stock could be benefiting from moves in the broader crypto market.