Sernova (TSE:SVA) Trading 2.5% Higher – Here’s Why

Sernova Corp. (TSE:SVAGet Free Report)’s stock price rose 2.5% on Monday . The company traded as high as C$0.21 and last traded at C$0.21. Approximately 30,701 shares were traded during trading, a decline of 78% from the average daily volume of 141,257 shares. The stock had previously closed at C$0.20.

Sernova Price Performance

The company has a market capitalization of C$68.98 million, a PE ratio of -1.98 and a beta of 1.35. 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’s 50 day moving average price is C$0.18 and its 200-day moving average price is C$0.22.

About Sernova

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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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