Burcon NutraScience (TSE:BU) Trading 11.1% Higher – Still a Buy?

Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR)’s stock price traded up 11.1% during trading on Thursday . The company traded as high as C$0.11 and last traded at C$0.10. 437,600 shares traded hands during mid-day trading, an increase of 225% from the average session volume of 134,817 shares. The stock had previously closed at C$0.09.

Burcon NutraScience Stock Up 11.1 %

The firm has a market capitalization of C$24.45 million, a PE ratio of -1.73 and a beta of 2.90. The company has a debt-to-equity ratio of 187.90, a current ratio of 5.63 and a quick ratio of 1.71. The company’s fifty day simple moving average is C$0.09 and its 200-day simple moving average is C$0.13.

Burcon NutraScience Company Profile

(Get Free Report)

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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