Burcon NutraScience (TSE:BU) Trading Down 2.7% – Should You Sell?

Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR) shares dropped 2.7% during mid-day trading on Tuesday . The stock traded as low as C$0.09 and last traded at C$0.09. Approximately 4,000 shares were traded during trading, a decline of 95% from the average daily volume of 86,582 shares. The stock had previously closed at C$0.09.

Burcon NutraScience Price Performance

The company has a market cap of C$13.50 million, a P/E ratio of -0.45 and a beta of 2.90. The stock has a 50-day simple moving average of C$0.09 and a 200 day simple moving average of C$0.14. The company has a debt-to-equity ratio of 187.90, a quick ratio of 1.71 and a current ratio of 5.63.

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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