Burcon NutraScience (TSE:BU) Hits New 52-Week Low – Should You Sell?

Burcon NutraScience Co. (TSE:BU) (NYSE:BUR) shares reached a new 52-week low on Monday . The stock traded as low as C$1.30 and last traded at C$1.30, with a volume of 27164 shares traded. The stock had previously closed at C$1.49.

Burcon NutraScience Price Performance

The business has a fifty day moving average of C$1.77 and a 200-day moving average of C$1.98. 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 cap of C$16.50 million, a PE ratio of -1.12 and a beta of 2.41.

Burcon NutraScience (TSE:BU) (NYSE:BUR) last announced its quarterly earnings results on Wednesday, August 12th. The company reported C($0.30) earnings per share 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. As a group, research analysts predict that Burcon NutraScience Co. will post 0.000341 earnings per share for the current year.

About Burcon NutraScience

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.