Sernova (TSE:SVA) Reaches New 12-Month Low – What’s Next?

Sernova Corp. (TSE:SVAGet Free Report) hit a new 52-week low on Wednesday . The company traded as low as C$0.14 and last traded at C$0.15, with a volume of 97650 shares changing hands. The stock had previously closed at C$0.16.

Sernova Stock Down 3.2%

The stock’s 50 day simple moving average is C$0.18 and its two-hundred day simple moving average is C$0.18. The firm has a market cap of C$49.30 million, a P/E ratio of -3.00 and a beta of 0.67. The company has a debt-to-equity ratio of -4.40, a current ratio of 0.32 and a quick ratio of 18.11.

Sernova Company Profile

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Sernova Biotherapeutics is a clinical-stage company developing regenerative medicine therapeutics combining its Cell Pouch with human donor cells or stem cells to create a bio-hybrid organ. A bio-hybrid organ refers to a medical device designed to be implanted into the human body, where it integrates with existing living tissue to replicate or enhance the function of a natural organ, essentially aiming to restore normal organ function by combining living cells with non-living materials to mimic the properties of the original organ and seamlessly interact with surrounding tissues.

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