Sirona Biochem (CVE:SBM) Stock Price Down 18.8% – Here’s Why

Sirona Biochem Corp. (CVE:SBMGet Free Report)’s stock price fell 18.8% during mid-day trading on Monday . The company traded as low as C$0.07 and last traded at C$0.07. 106,944 shares traded hands during trading, an increase of 36% from the average session volume of 78,417 shares. The stock had previously closed at C$0.08.

Sirona Biochem Stock Down 18.8 %

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

About Sirona Biochem

(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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