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Sernova (TSE:SVA) Stock Price Down 2.9% - Time to Sell?

Sernova logo with Medical background

Sernova Corp. (TSE:SVA - Get Free Report) dropped 2.9% during mid-day trading on Thursday . The stock traded as low as C$0.17 and last traded at C$0.17. Approximately 135,769 shares were traded during mid-day trading, a decline of 10% from the average daily volume of 151,625 shares. The stock had previously closed at C$0.17.

Sernova Stock Performance

The company has a current ratio of 0.32, a quick ratio of 18.11 and a debt-to-equity ratio of -4.40. The company has a market cap of C$55.52 million, a P/E ratio of -1.59 and a beta of 1.35. The firm's fifty day moving average price is C$0.19 and its 200-day moving average price is C$0.20.

Sernova Company Profile

(Get Free Report)

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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