Burcon NutraScience (TSE:BU) Hits New 12-Month Low – Time to Sell?

Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as C$1.27 and last traded at C$1.29, with a volume of 11705 shares trading hands. The stock had previously closed at C$1.34.

Burcon NutraScience Trading Down 6.7%

The business has a fifty day moving average price of C$1.71 and a two-hundred day moving average price of C$1.94. The company has a current ratio of 0.21, a quick ratio of 1.71 and a debt-to-equity ratio of -319.77. The firm has a market capitalization of C$15.87 million, a PE ratio of -1.08 and a beta of 2.41.

Burcon NutraScience (TSE:BUGet Free Report) (NYSE:BUR) last issued its quarterly earnings data on Wednesday, August 12th. The company reported C($0.30) earnings per share (EPS) for the quarter. The company had revenue of C$1.28 million during the quarter. Burcon NutraScience had a negative net margin of 454.70% and a positive return on equity of 338.06%. Analysts expect that Burcon NutraScience Co. will post 0.000341 EPS for the current fiscal year.

About Burcon NutraScience

(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.

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