Solarvest Bioenergy (CVE:SVS) Shares Down 16.7%

Shares of Solarvest Bioenergy Inc (CVE:SVS) were down 16.7% on Thursday . The stock traded as low as C$0.10 and last traded at C$0.10, approximately 1,500 shares changed hands during trading. A decline of 95% from the average daily volume of 30,883 shares. The stock had previously closed at C$0.12.

The business has a fifty day moving average of C$0.08 and a 200-day moving average of C$0.12. The stock has a market capitalization of $3.09 million and a price-to-earnings ratio of -2.04.

Solarvest Bioenergy Company Profile (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.

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