Sernova (TSE:SVA) Trading Down 4.5% – What’s Next?

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

Sernova Price Performance

The company has a debt-to-equity ratio of 16.55, a quick ratio of 18.11 and a current ratio of 0.32. The stock has a market cap of C$68.32 million, a PE ratio of -1.62 and a beta of 1.35. The stock has a 50 day moving average of C$0.23 and a two-hundred day moving average of C$0.25.

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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