Burcon NutraScience (TSE:BU) Trading 4.8% Higher – Still a Buy?

Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR) was up 4.8% during trading on Thursday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 152,951 shares were traded during trading, an increase of 48% from the average daily volume of 103,672 shares. The stock had previously closed at C$0.11.

Burcon NutraScience Price Performance

The stock has a market cap of C$14.21 million, a P/E ratio of -0.48 and a beta of 2.90. The company has a quick ratio of 1.71, a current ratio of 5.63 and a debt-to-equity ratio of 187.90. The business’s 50-day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.14.

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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