Burcon NutraScience (TSE:BU) Sets New 52-Week Low – What’s Next?

Burcon NutraScience Co. (TSE:BU) (NYSE:BUR) shares reached a new 52-week low on Monday. The stock traded as low as C$0.90 and last traded at C$0.90, with a volume of 3,222 shares traded. The stock had previously closed at C$0.96.

Burcon NutraScience Trading Down 6.2%

The company has a market cap of C$11.42 million, a P/E ratio of -0.78 and a beta of 3.04. The company has a quick ratio of 1.71, a current ratio of 0.21 and a debt-to-equity ratio of -319.77. The firm’s 50-day moving average price is C$1.38 and its 200-day moving average price is C$1.85.

Burcon NutraScience (TSE:BU) (NYSE:BUR) last released its quarterly earnings data on Wednesday, August 12th. The company reported C($0.30) EPS for the quarter. Burcon NutraScience had a positive return on equity of 338.06% and a negative net margin of 454.70%. The business had revenue of C$1.28 million during the quarter. As a group, equities research analysts expect that Burcon NutraScience Co. will post 0.00 earnings per share for the current fiscal 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.