Burcon NutraScience (TSE:BU) Hits New 52-Week Low – What’s Next?

Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR) shares reached a new 52-week low on Monday . The stock traded as low as C$0.08 and last traded at C$0.08, with a volume of 15015 shares traded. The stock had previously closed at C$0.08.

Burcon NutraScience Stock Down 6.3 %

The business has a 50-day simple moving average of C$0.12 and a 200-day simple moving average of C$0.17. 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 stock has a market cap of C$10.66 million, a P/E ratio of -0.36 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.

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