Burcon NutraScience (TSE:BU) Hits New 1-Year High at $1.89
Burcon NutraScience Corp (TSE:BU) (NYSE:BUR)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as C$1.89 and last traded at C$1.84, with a volume of 1337385 shares. The stock had previously closed at C$1.69.
Separately, Beacon Securities reissued a “buy” rating on shares of Burcon NutraScience in a report on Monday, July 8th.
The company has a debt-to-equity ratio of 650.26, a current ratio of 9.82 and a quick ratio of 9.70. The stock has a 50 day moving average price of C$1.38 and a 200-day moving average price of C$0.80. The stock has a market capitalization of $125.20 million and a price-to-earnings ratio of -15.93.
In other Burcon NutraScience news, Director Johann Franz Tergesen bought 56,000 shares of Burcon NutraScience stock in a transaction on Thursday, July 4th. The shares were bought at an average price of C$0.68 per share, for a total transaction of C$37,800.00. Following the completion of the transaction, the director now directly owns 1,066,169 shares of the company’s stock, valued at C$719,664.08. Also, Director Rosanna Mei Wah Chau sold 50,000 shares of Burcon NutraScience stock in a transaction on Tuesday, July 9th. The shares were sold at an average price of C$0.80, for a total value of C$40,000.00. Following the completion of the sale, the director now owns 1,050,022 shares in the company, valued at approximately C$840,017.60. In the last quarter, insiders have sold 250,000 shares of company stock worth $265,000.
Burcon NutraScience Company Profile (TSE:BU)
Burcon NutraScience Corporation, together with its subsidiary, develops plant protein extraction and purification technology of functional and renewable plant proteins in Canada. Its products include CLARISOY, a soy protein for dairy foods, neutral pH beverages, and coffee creamers/whiteners; and Peazazz, a novel pea protein isolate.
See Also: Net Margin
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