Sernova (OTCMKTS:SEOVF) Stock Price Down 2.6%

Sernova Corp. (OTCMKTS:SEOVF)’s stock price was down 2.6% on Thursday . The stock traded as low as $0.31 and last traded at $0.31. Approximately 13,500 shares were traded during trading, a decline of 30% from the average daily volume of 19,382 shares. The stock had previously closed at $0.32.

Analyst Ratings Changes

Separately, Raymond James started coverage on Sernova in a research report on Thursday, April 4th. They set a “market perform” rating and a $1.50 price objective for the company.

Sernova Price Performance

The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $96.64 million, a PE ratio of -3.54 and a beta of 1.16. The stock’s 50-day moving average is $0.40 and its 200 day moving average is $0.47.

Sernova (OTCMKTS:SEOVF) last issued its earnings results on Monday, March 18th. The company reported ($0.02) earnings per share for the quarter.

About Sernova

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.