Burcon NutraScience (TSE:BU) Reaches New 1-Year Low – Should You Sell?

Shares of Burcon NutraScience Co. (TSE:BU – Get Free Report) (NYSE:BUR) hit a new 52-week low during trading on Monday. The stock traded as low as C$1.23 and last traded at C$1.23, with a volume of 4,077 shares. The stock had previously closed at C$1.28.

Burcon NutraScience Stock Performance

The firm’s 50 day simple moving average is C$1.46 and its 200 day simple moving average is C$1.82. The firm has a market cap of C$15.61 million, a PE ratio of -1.06 and a beta of 3.04. The company has a current ratio of 0.21, a quick ratio of 1.71 and a debt-to-equity ratio of -319.77.

Burcon NutraScience (TSE:BU – Get Free Report) (NYSE:BUR) last issued its quarterly earnings data on Wednesday, August 12th. The company reported C($0.30) earnings per share for the quarter. Burcon NutraScience had a negative net margin of 454.70% and a positive return on equity of 338.06%. The firm had revenue of C$1.28 million for the quarter. On average, research analysts forecast that Burcon NutraScience Co. will post 0.00 EPS for the current fiscal year.

Burcon NutraScience Company Profile

(Get Free Report)

Burcon is a global technology leader in plant-based proteins for food and beverage applications. The Company has developed a portfolio of high-performance protein ingredients, including Peazzaz® pea proteins, FavaPro TM fava proteins and Puratein® canola proteins, and is focused on commercializing its technologies through manufacturing partnerships and growing customer adoption worldwide.

Further Reading

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