Sernova (TSE:SVA) Reaches New 52-Week Low – Should You Sell?

Sernova Corp. (TSE:SVAGet Free Report)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.13 and last traded at C$0.14, with a volume of 20880 shares changing hands. The stock had previously closed at C$0.13.

Sernova Price Performance

The firm has a market capitalization of C$42.73 million, a PE ratio of -2.60 and a beta of 0.73. The stock has a 50-day simple moving average of C$0.15 and a 200-day simple moving average of C$0.17. The company has a quick ratio of 18.11, a current ratio of 0.32 and a debt-to-equity ratio of -4.40.

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.

Further Reading

Receive News & Ratings for Sernova Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sernova and related companies with MarketBeat.com's FREE daily email newsletter.