Burcon NutraScience (TSE:BU) Reaches New 52-Week Low – Here’s Why

Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 15015 shares changing hands. The stock had previously closed at C$0.08.

Burcon NutraScience Price Performance

The firm has a 50-day moving average price of C$0.12 and a two-hundred day moving average price of C$0.17. The firm has a market cap of C$11.37 million, a price-to-earnings ratio of -0.38 and a beta of 2.90. The company has a debt-to-equity ratio of 187.90, a quick ratio of 1.71 and a current ratio of 5.63.

About Burcon NutraScience

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Burcon NutraScience Corporation, together with its subsidiaries, develops plant proteins and ingredients for use in the food and beverage industries in Canada. The company offers Peazazz and Peazac, a pea protein for use in dairy alternatives, ready-to-drink beverages, dry blended beverages, bars, baked goods, and meat substitute products.

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