Sirona Biochem (CVE:SBM) Trading Down 18.8% – Here’s What Happened

Sirona Biochem Corp. (CVE:SBMGet Free Report) shares fell 18.8% during mid-day trading on Tuesday . The stock traded as low as C$0.07 and last traded at C$0.07. 112,944 shares traded hands during trading, an increase of 44% from the average session volume of 78,445 shares. The stock had previously closed at C$0.08.

Sirona Biochem Stock Performance

The business has a fifty day moving average of C$0.07 and a 200 day moving average of C$0.06. The company has a market cap of C$16.69 million, a P/E ratio of -6.50 and a beta of -0.03. The company has a quick ratio of 2.41, a current ratio of 0.34 and a debt-to-equity ratio of 219.21.

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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