Burcon NutraScience (TSE:BU) Hits New 52-Week Low – Here’s What Happened

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

Burcon NutraScience Stock Performance

The firm’s 50 day moving average price is C$1.51 and its two-hundred day moving average price is C$1.85. The company has a debt-to-equity ratio of -319.77, a quick ratio of 1.71 and a current ratio of 0.21. The firm has a market cap of C$15.99 million, a PE ratio of -1.09 and a beta of 3.04.

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 (EPS) for the quarter. Burcon NutraScience had a positive return on equity of 338.06% and a negative net margin of 454.70%. The firm had revenue of C$1.28 million for the quarter. On average, research analysts forecast that Burcon NutraScience Co. will post 0.00 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.