Sernova (TSE:SVA) Stock Price Down 4.5% – Should You Sell?

Shares of Sernova Corp. (TSE:SVAGet Free Report) were down 4.5% on Friday . The company traded as low as C$0.21 and last traded at C$0.21. Approximately 56,087 shares changed hands during trading, a decline of 64% from the average daily volume of 157,444 shares. The stock had previously closed at C$0.22.

Sernova Price Performance

The company has a debt-to-equity ratio of 16.55, a quick ratio of 18.11 and a current ratio of 0.32. The firm has a market capitalization of C$68.32 million, a price-to-earnings ratio of -1.62 and a beta of 1.35. The business has a fifty day moving average of C$0.23 and a two-hundred day moving average of C$0.25.

Sernova Company Profile

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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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