Solarvest Bioenergy (CVE:SVS) Reaches New 52-Week Low at $0.14

Solarvest Bioenergy Inc (CVE:SVS)’s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.14 and last traded at C$0.14, with a volume of 1000 shares. The stock had previously closed at C$0.16.

The business’s 50 day moving average price is C$0.18 and its 200-day moving average price is C$0.21. The firm has a market capitalization of $4.97 million and a price-to-earnings ratio of -2.91.

About Solarvest Bioenergy (CVE:SVS)

Solarvest BioEnergy Inc engages in the development of algal-based production systems to produce natural based green commercial products in Canada and internationally. Its algal-based production systems are used to produce nutritional nutraceuticals, pharmaceutical oils, and biologic active ingredients/therapies.

Further Reading: What is Green Investing?

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