Burcon NutraScience (TSE:BU) Sets New 52-Week Low – Here’s Why

Shares of Burcon NutraScience Co. (TSE:BU) (NYSE:BUR) reached a new 52-week low during mid-day trading on Friday. The company traded as low as C$1.25 and last traded at C$1.32, with a volume of 923 shares traded. The stock had previously closed at C$1.30.

Burcon NutraScience Trading Up 1.5%

The firm has a market cap of C$16.75 million, a price-to-earnings ratio of -1.14 and a beta of 2.41. The firm’s 50-day moving average is C$1.64 and its 200-day moving average is C$1.90. The company has a current ratio of 0.21, a quick ratio of 1.71 and a debt-to-equity ratio of -319.77.

Burcon NutraScience (TSE:BU) (NYSE:BUR) last announced its quarterly earnings results on Wednesday, August 12th. The company reported C($0.30) earnings per share for the quarter. The business had revenue of C$1.28 million during the quarter. Burcon NutraScience had a negative net margin of 454.70% and a positive return on equity of 338.06%. As a group, sell-side analysts anticipate that Burcon NutraScience Co. will post 0.000341 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.