Sernova (TSE:SVA) Sets New 52-Week Low – What’s Next?

Sernova Corp. (TSE:SVAGet Free Report) hit a new 52-week low on Monday . The company traded as low as C$0.16 and last traded at C$0.17, with a volume of 499410 shares traded. The stock had previously closed at C$0.18.

Sernova Price Performance

The stock has a market cap of C$55.52 million, a P/E ratio of -1.59 and a beta of 1.35. The firm has a 50 day simple moving average of C$0.20 and a 200-day simple moving average of C$0.23. The company has a quick ratio of 18.11, a current ratio of 0.32 and a debt-to-equity ratio of -4.40.

Sernova Company Profile

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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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