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Sernova (TSE:SVA) Reaches New 1-Year Low - Time to Sell?

Sernova logo with Medical background
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Shares of Sernova Corp. (TSE:SVA - Get Free Report) hit a new 52-week low during trading on Wednesday . The company traded as low as C$0.18 and last traded at C$0.18, with a volume of 47943 shares trading hands. The stock had previously closed at C$0.19.

Sernova Price Performance

The company has a quick ratio of 18.11, a current ratio of 0.32 and a debt-to-equity ratio of -4.40. The business's 50 day simple moving average is C$0.20 and its two-hundred day simple moving average is C$0.23. The stock has a market capitalization of C$58.89 million, a P/E ratio of -1.69 and a beta of 1.35.

About Sernova

(Get Free Report)

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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