Sirona Biochem (CVE:SBM) Trading Down 18.8% – Time to Sell?

Sirona Biochem Corp. (CVE:SBMGet Free Report)’s share price fell 18.8% during trading on Monday . The stock traded as low as C$0.07 and last traded at C$0.07. 106,944 shares traded hands during mid-day trading, an increase of 37% from the average session volume of 78,195 shares. The stock had previously closed at C$0.08.

Sirona Biochem Stock Performance

The company has a debt-to-equity ratio of 219.21, a current ratio of 0.34 and a quick ratio of 2.41. The business has a 50 day moving average price of C$0.07 and a 200 day moving average price of C$0.06. The stock has a market capitalization of C$16.69 million, a PE ratio of -6.50 and a beta of -0.03.

Sirona Biochem Company Profile

(Get Free Report)

Sirona Biochem Corp., a cosmetic ingredient and drug discovery company, develops and sells cosmetic and pharmaceutical active ingredients in Canada and France. Its programs include cosmetic skin lightener and diabetes drug; and other projects comprise the development of an anti-aging/cell protection library, novel anti-wrinkle compound, and anti-viral program.

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