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

Burcon NutraScience Co. (TSE:BU) (NYSE:BUR)’s share price reached a new 52-week low during mid-day 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 traded. The stock had previously closed at C$1.28.

Burcon NutraScience Stock Up 2.2%

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 50-day moving average of C$1.43 and a 200 day moving average of C$1.86. The stock has a market capitalization of C$11.93 million, a price-to-earnings ratio of -0.81 and a beta of 3.04.

Burcon NutraScience (TSE:BU) (NYSE:BUR) last posted its quarterly earnings data on Wednesday, August 12th. The company reported C($0.30) EPS for the quarter. Burcon NutraScience had a negative net margin of 454.70% and a positive return on equity of 338.06%. The company had revenue of C$1.28 million for the quarter. On average, sell-side analysts anticipate that Burcon NutraScience Co. will post 0.00 earnings per share for the current 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.