Sirona Biochem (CVE:SBM) Shares Down 15.4% – What’s Next?

Sirona Biochem Corp. (CVE:SBMGet Free Report)’s stock price fell 15.4% during mid-day trading on Wednesday . The company traded as low as C$0.06 and last traded at C$0.06. 131,500 shares changed hands during mid-day trading, an increase of 68% from the average session volume of 78,329 shares. The stock had previously closed at C$0.07.

Sirona Biochem Stock Down 7.7 %

The firm has a fifty day simple moving average of C$0.06 and a 200 day simple moving average of C$0.07. The company has a debt-to-equity ratio of 219.21, a quick ratio of 2.41 and a current ratio of 0.34. The company has a market cap of C$15.41 million, a PE ratio of -6.00 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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