Burcon NutraScience (TSE:BU) Share Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.10 and traded as low as C$0.10. Burcon NutraScience shares last traded at C$0.10, with a volume of 500 shares changing hands.

Burcon NutraScience Stock Performance

The company has a debt-to-equity ratio of 187.90, a quick ratio of 1.71 and a current ratio of 5.63. The business’s fifty day simple moving average is C$0.09 and its 200-day simple moving average is C$0.10. The firm has a market capitalization of C$24.45 million, a PE ratio of -1.73 and a beta of 2.90.

Burcon NutraScience Company Profile

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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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