Burcon NutraScience (TSE:BU) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.31 and traded as high as C$2.68. Burcon NutraScience shares last traded at C$2.62, with a volume of 3,801 shares traded.

Burcon NutraScience Price Performance

The company’s 50 day moving average price is C$2.99 and its 200-day moving average price is C$2.32. The company has a market cap of C$33.24 million, a price-to-earnings ratio of -0.75 and a beta of 2.88. 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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