Sernova (TSE:SVA) Trading Down 4.5% – Time to Sell?

Sernova Corp. (TSE:SVAGet Free Report)’s share price fell 4.5% 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 Stock Performance

The company has a debt-to-equity ratio of 16.55, a current ratio of 0.32 and a quick ratio of 18.11. The stock has a 50-day moving average price of C$0.23 and a 200-day moving average price of C$0.25. The firm has a market capitalization of C$68.32 million, a PE ratio of -1.62 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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