Burcon NutraScience (TSE:BU) Reaches New 12-Month Low – Time to Sell?

Burcon NutraScience Co. (TSE:BU) (NYSE:BUR) reached a new 52-week low during trading on Monday. The stock traded as low as C$0.90 and last traded at C$0.90, with a volume of 3,222 shares traded. The stock had previously closed at C$0.96.

Burcon NutraScience Price Performance

The company has a debt-to-equity ratio of -319.77, a current ratio of 0.21 and a quick ratio of 1.71. The firm has a market cap of C$11.42 million, a P/E ratio of -0.78 and a beta of 3.04. The stock’s 50-day simple moving average is C$1.33 and its two-hundred day simple moving average is C$1.84.

Burcon NutraScience (TSE:BU) (NYSE:BUR) last released its 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 during the quarter. Equities research analysts forecast 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.