Burcon NutraScience (TSE:BU) Hits New 12-Month Low – Here’s What Happened

Burcon NutraScience Co. (TSE:BU) (NYSE:BUR)’s share price hit a new 52-week low on Wednesday. The stock traded as low as C$0.90 and last traded at C$0.90, with a volume of 5,503 shares trading hands. The stock had previously closed at C$0.95.

Burcon NutraScience Price Performance

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 company has a 50 day moving average of C$1.28 and a two-hundred day moving average of C$1.82. The firm has a market cap of C$11.93 million, a P/E ratio of -0.81 and a beta of 2.80.

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