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

Burcon NutraScience Co. (TSE:BU – Get Free Report) (NYSE:BUR) hit a new 52-week low on Monday. The stock traded as low as C$0.90 and last traded at C$0.90, with a volume of 3,222 shares changing hands. The stock had previously closed at C$0.96.

Burcon NutraScience Trading Down 6.2%

The company has a debt-to-equity ratio of -319.77, a current ratio of 0.21 and a quick ratio of 1.71. The firm has a fifty day simple moving average of C$1.38 and a two-hundred day simple moving average of C$1.85. The firm has a market capitalization of C$11.42 million, a P/E ratio of -0.78 and a beta of 3.04.

Burcon NutraScience (TSE:BU – Get Free Report) (NYSE:BUR) last issued its earnings results on Wednesday, August 12th. The company reported C($0.30) earnings per share (EPS) for the quarter. The firm 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%. On average, equities research analysts anticipate that Burcon NutraScience Co. will post 0.00 earnings per share 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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