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Sernova (TSE:SVA) Shares Up 2.9% - Here's What Happened

Sernova logo with Medical background

Shares of Sernova Corp. (TSE:SVA - Get Free Report) were up 2.9% during trading on Tuesday . The stock traded as high as C$0.18 and last traded at C$0.18. Approximately 396,898 shares were traded during mid-day trading, an increase of 184% from the average daily volume of 139,860 shares. The stock had previously closed at C$0.17.

Sernova Stock Performance

The stock's 50-day simple moving average is C$0.17 and its 200 day simple moving average is C$0.19. The company has a debt-to-equity ratio of -4.40, a quick ratio of 18.11 and a current ratio of 0.32. The company has a market capitalization of C$68.98 million, a PE ratio of -1.98 and a beta of 1.35.

About Sernova

(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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