Sernova Corp. (TSE:SVA - Get Free Report)'s stock price reached a new 52-week low on Friday . The company traded as low as C$0.21 and last traded at C$0.22, with a volume of 196750 shares traded. The stock had previously closed at C$0.22.
Wall Street Analyst Weigh In
SVA has been the subject of several recent analyst reports. Ventum Financial reduced their price objective on shares of Sernova from C$3.00 to C$2.50 and set a "buy" rating for the company in a research note on Friday, September 13th. Ventum Cap Mkts raised Sernova to a "strong-buy" rating in a research note on Thursday, September 12th. Finally, Leede Financial dropped their price objective on Sernova from C$3.00 to C$1.50 and set a "speculative buy" rating for the company in a research note on Friday, September 13th.
Check Out Our Latest Research Report on Sernova
Sernova Trading Up 2.3 %
The business's 50-day simple moving average is C$0.24 and its 200-day simple moving average is C$0.26. The company has a market cap of C$73.20 million, a price-to-earnings ratio of -1.73 and a beta of 1.35. The company has a debt-to-equity ratio of 16.55, a current ratio of 0.32 and a quick ratio of 18.11.
About Sernova
(
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Sernova Corp. operates as a clinical-stage regenerative medicine therapeutics company in Canada. The company focuses on the development and commercialization of regenerative medicine therapeutics, including its proprietary Cell Pouch and associated technologies consisting of therapeutic cells and local cellular immune protection.
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