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Sernova (TSE:SVA) Shares Down 4.5% - What's Next?

Sernova logo with Medical background

Shares of Sernova Corp. (TSE:SVA - Get Free Report) were down 4.5% during trading on Friday . The stock traded as low as C$0.21 and last traded at C$0.21. Approximately 56,087 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 157,444 shares. The stock had previously closed at C$0.22.

Sernova Price Performance

The company has a current ratio of 0.32, a quick ratio of 18.11 and a debt-to-equity ratio of 16.55. The business's 50-day simple moving average is C$0.23 and its two-hundred day simple moving average is C$0.25. The firm has a market cap of C$68.32 million, a price-to-earnings ratio of -1.62 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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