Burcon NutraScience Co. (TSE:BU – Get Free Report) (NYSE:BUR)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.97 and traded as low as C$1.95. Burcon NutraScience shares last traded at C$2.00, with a volume of 938 shares trading hands.
Burcon NutraScience Price Performance
The company has a current ratio of 0.22, a quick ratio of 1.71 and a debt-to-equity ratio of -1,514.36. The firm has a market cap of C$25.38 million, a P/E ratio of -1.87 and a beta of 2.65. The company has a fifty day moving average price of C$2.07 and a two-hundred day moving average price of C$1.97.
About Burcon NutraScience
Burcon is a global technology leader in the development of plant-based proteins. With over 285 issued patents and more than 250 additional patent applications, that have been developed over a span of more than twenty years, Burcon has grown an extensive portfolio of composition, application, and process patents covering novel plant-based proteins derived from pea, canola, soy, hemp, sunflower seed and more. In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives.
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