Sernova (TSE:SVA) Trading Down 4.5% – Here’s What Happened

Shares of Sernova Corp. (TSE:SVAGet Free Report) dropped 4.5% on Friday . The company traded as low as C$0.21 and last traded at C$0.21. Approximately 56,087 shares were traded during trading, a decline of 64% from the average daily volume of 157,444 shares. The stock had previously closed at C$0.22.

Sernova Price Performance

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

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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