Burcon NutraScience (TSE:BU) Stock Price Down 5.9% – Here’s Why

Shares of Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR) traded down 5.9% on Friday . The company traded as low as C$0.08 and last traded at C$0.08. 253,819 shares traded hands during trading, an increase of 323% from the average session volume of 60,024 shares. The stock had previously closed at C$0.09.

Burcon NutraScience Trading Down 11.8 %

The business has a fifty day simple moving average of C$0.13 and a 200-day simple moving average of C$0.18. The firm has a market cap of C$10.66 million, a price-to-earnings ratio of -0.40 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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