Burcon NutraScience (TSE:BU) Hits New 52-Week Low – Should You Sell?

Shares of Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR) reached a new 52-week low on Thursday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 299682 shares traded. The stock had previously closed at C$0.10.

Burcon NutraScience Price Performance

The company has a market capitalization of C$12.79 million, a PE ratio of -0.40 and a beta of 2.90. The company has a debt-to-equity ratio of 187.90, a current ratio of 5.63 and a quick ratio of 1.71. The company’s 50 day simple moving average is C$0.14 and its 200 day simple moving average is C$0.18.

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.

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