Burcon NutraScience (TSE:BU) Shares Up 33.3% – Time to Buy?

Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR) traded up 33.3% during mid-day trading on Monday . The stock traded as high as C$0.18 and last traded at C$0.18. 323,126 shares changed hands during mid-day 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 Down 11.5 %

The stock’s 50 day moving average is C$0.15 and its 200 day moving average is C$0.19. The company has a market capitalization of C$16.34 million, a PE ratio of -0.55 and a beta of 2.90. The company has a debt-to-equity ratio of 187.90, a quick ratio of 1.71 and a current ratio of 5.63.

Burcon NutraScience Company Profile

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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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