Burcon NutraScience (TSE:BU) Reaches New 12-Month Low – Here’s Why

Burcon NutraScience Co. (TSE:BU) (NYSE:BUR)’s share price hit a new 52-week low on Thursday. The company traded as low as C$1.25 and last traded at C$1.31, with a volume of 11,100 shares. The stock had previously closed at C$1.27.

Burcon NutraScience Trading Up 3.1%

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 company’s fifty day moving average is C$1.54 and its 200-day moving average is C$1.85. The firm has a market capitalization of C$16.63 million, a P/E ratio of -1.13 and a beta of 3.04.

Burcon NutraScience (TSE:BU) (NYSE:BUR) last posted 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%. As a group, sell-side analysts anticipate that Burcon NutraScience Co. will post 0.00 earnings per share for the current fiscal year.

Burcon NutraScience Company Profile

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.