Sernova (TSE:SVA) Stock Price Down 4.5% – Should You Sell?

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

Sernova Trading Down 4.5 %

The company has a market capitalization of C$68.32 million, a price-to-earnings ratio of -1.62 and a beta of 1.35. 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 firm has a fifty day moving average price of C$0.23 and a 200-day moving average price of C$0.25.

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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