Burcon NutraScience (TSE:BU) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Burcon NutraScience Co. (TSE:BU) (NYSE:BUR) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$2.00 and traded as low as C$1.59. Burcon NutraScience shares last traded at C$1.59, with a volume of 12,000 shares traded.

Burcon NutraScience Price Performance

The stock has a 50 day simple moving average of C$1.78 and a two-hundred day simple moving average of C$1.99. The firm has a market cap of C$19.67 million, a PE ratio of -1.34 and a beta of 2.41. The company has a debt-to-equity ratio of -319.77, a quick ratio of 1.71 and a current ratio of 0.21.

Burcon NutraScience (TSE:BU) (NYSE:BUR) last issued its quarterly earnings data on Wednesday, August 12th. The company reported C($0.30) earnings per share (EPS) for the quarter. The company 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%. Sell-side analysts expect that Burcon NutraScience Co. will post 0.000341 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.