Burcon NutraScience (TSE:BU) Reaches New 1-Year Low – Should You Sell?

Burcon NutraScience Co. (TSE:BU) (NYSE:BUR)’s share price hit a new 52-week low during trading on Monday. The company traded as low as C$1.23 and last traded at C$1.23, with a volume of 4,077 shares. The stock had previously closed at C$1.28.

Burcon NutraScience Trading Down 3.9%

The stock has a market cap of C$15.61 million, a P/E ratio of -1.06 and a beta of 3.04. The company has a current ratio of 0.21, a quick ratio of 1.71 and a debt-to-equity ratio of -319.77. The company has a 50-day moving average price of C$1.46 and a two-hundred day moving average price of C$1.82.

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

Burcon NutraScience Company Profile

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.