Sernova (OTCMKTS:SEOVF) Trading Down 2.6%

Sernova Corp. (OTCMKTS:SEOVF)’s stock price fell 2.6% during trading on Thursday . The stock traded as low as $0.31 and last traded at $0.31. 13,500 shares were traded during mid-day trading, a decline of 30% from the average session volume of 19,382 shares. The stock had previously closed at $0.32.

Wall Street Analysts Forecast Growth

Separately, Raymond James started coverage on Sernova in a research note on Thursday, April 4th. They set a “market perform” rating and a $1.50 price objective on the stock.

Sernova Trading Up 2.9 %

The company’s 50-day moving average is $0.40 and its 200-day moving average is $0.47. The stock has a market capitalization of $96.64 million, a price-to-earnings ratio of -3.54 and a beta of 1.16. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.14.

Sernova (OTCMKTS:SEOVF) last posted its quarterly earnings results on Monday, March 18th. The company reported ($0.02) earnings per share for the quarter.

About Sernova

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.