Burcon NutraScience (TSE:BU) Sets New 1-Year Low – Here’s Why

Shares of Burcon NutraScience Co. (TSE:BU) (NYSE:BUR) hit a new 52-week low during trading on Monday . The company traded as low as C$1.30 and last traded at C$1.30, with a volume of 27164 shares traded. The stock had previously closed at C$1.49.

Burcon NutraScience Price Performance

The company’s fifty day moving average is C$1.75 and its 200 day moving average is C$1.97. The firm has a market cap of C$19.04 million, a price-to-earnings ratio of -1.29 and a beta of 2.41. The company has a quick ratio of 1.71, a current ratio of 0.21 and a debt-to-equity ratio of -319.77.

Burcon NutraScience (TSE:BU) (NYSE:BUR) last issued 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 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, equities research analysts predict that Burcon NutraScience Co. will post 0.000341 EPS 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.