Burcon NutraScience (TSE:BU) Trading Down 11.8% – Time to Sell?

Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR) shares traded down 11.8% on Thursday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 250,321 shares were traded during trading, an increase of 60% from the average session volume of 156,224 shares. The stock had previously closed at C$0.09.

Burcon NutraScience Price Performance

The firm has a fifty day moving average price of C$0.09 and a two-hundred day moving average price of C$0.13. The company has a debt-to-equity ratio of 187.90, a quick ratio of 1.71 and a current ratio of 5.63. The stock has a market capitalization of C$19.56 million, a P/E ratio of -1.38 and a beta of 2.90.

Burcon NutraScience Company Profile

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Burcon NutraScience Corporation, together with its subsidiaries, develops plant proteins and ingredients for use in the food and beverage industries in Canada. The company offers Peazazz and Peazac, a pea protein for use in dairy alternatives, ready-to-drink beverages, dry blended beverages, bars, baked goods, and meat substitute products.

Further Reading

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