Burcon NutraScience (TSE:BU) Sets New 52-Week Low – Here’s What Happened

Shares of Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR) hit a new 52-week low on Wednesday . The stock traded as low as C$0.08 and last traded at C$0.08, with a volume of 143050 shares changing hands. The stock had previously closed at C$0.08.

Burcon NutraScience Price Performance

The company has a market capitalization of C$12.08 million, a price-to-earnings ratio of -0.40 and a beta of 2.90. The stock has a fifty day simple moving average of C$0.11 and a 200-day simple moving average of C$0.16. The company has a debt-to-equity ratio of 187.90, a current ratio of 5.63 and a quick ratio of 1.71.

About Burcon NutraScience

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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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