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

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

Sernova Trading Down 3.2%

The firm’s 50-day simple moving average is C$0.18 and its 200-day simple moving average is C$0.18. The company has a quick ratio of 18.11, a current ratio of 0.32 and a debt-to-equity ratio of -4.40. The firm has a market capitalization of C$49.30 million, a PE ratio of -3.00 and a beta of 0.67.

About Sernova

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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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