Burcon NutraScience (TSE:BU) Shares Up 33.3% – What’s Next?
by Sarita Garza · The Markets DailyBurcon NutraScience Co. (TSE:BU – Get Free Report) (NYSE:BUR)’s share price traded up 33.3% on Monday . The company traded as high as C$0.18 and last traded at C$0.18. 323,126 shares were traded during trading, an increase of 677% from the average session volume of 41,570 shares. The stock had previously closed at C$0.14.
Burcon NutraScience Stock Performance
The company has a debt-to-equity ratio of 187.90, a quick ratio of 1.71 and a current ratio of 5.63. The company has a market cap of C$16.34 million, a PE ratio of -0.55 and a beta of 2.90. The company’s 50 day moving average price is C$0.15 and its 200-day moving average price is C$0.19.
About Burcon NutraScience
Burcon NutraScience Corporation, together with its subsidiaries, develops plant proteins and ingredients for use in the food and beverage industries in Canada. The company offers Peazazz and Peazac, a pea protein for use in dairy alternatives, ready-to-drink beverages, dry blended beverages, bars, baked goods, and meat substitute products.
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