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

Shares of Burcon NutraScience Co. (TSE:BU) (NYSE:BUR) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$1.30 and last traded at C$1.30, with a volume of 27164 shares changing hands. The stock had previously closed at C$1.49.

Burcon NutraScience Stock Down 12.8%

The firm has a market capitalization of C$16.50 million, a P/E ratio of -1.12 and a beta of 2.41. The company has a debt-to-equity ratio of -319.77, a current ratio of 0.21 and a quick ratio of 1.71. The stock has a fifty day moving average of C$1.77 and a 200 day moving average of C$1.98.

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. The company had revenue of C$1.28 million during the quarter. Burcon NutraScience had a positive return on equity of 338.06% and a negative net margin of 454.70%. On average, research analysts anticipate that Burcon NutraScience Co. will post 0.000341 EPS 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.