Sernova (TSE:SVA) Reaches New 1-Year Low – Here’s Why

Sernova Corp. (TSE:SVAGet Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.18 and last traded at C$0.19, with a volume of 1500 shares changing hands. The stock had previously closed at C$0.18.

Sernova Stock Performance

The company’s fifty day simple moving average is C$0.20 and its 200 day simple moving average is C$0.23. The company has a current ratio of 0.32, a quick ratio of 18.11 and a debt-to-equity ratio of -4.40. The stock has a market capitalization of C$60.57 million, a P/E ratio of -1.74 and a beta of 1.35.

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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