Burcon NutraScience (TSE:BU) Hits New 12-Month Low – Should You 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$1.50 and last traded at C$1.60, with a volume of 23453 shares changing hands. The stock had previously closed at C$1.70.

Burcon NutraScience Stock Performance

The stock has a market cap of C$20.31 million, a price-to-earnings ratio of -1.38 and a beta of 2.84. The company’s fifty day simple moving average is C$1.93 and its two-hundred day simple moving average is C$2.02. The company has a debt-to-equity ratio of -319.77, a current ratio of 0.21 and a quick ratio of 1.71.

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 business had revenue of C$1.28 million during the quarter. On average, analysts forecast 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.