Burcon NutraScience (TSE:BU) Shares Up 5.9% – Should You Buy?

Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR)’s stock price was up 5.9% during mid-day trading on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.09. Approximately 118,250 shares were traded during mid-day trading, an increase of 58% from the average daily volume of 74,615 shares. The stock had previously closed at C$0.09.

Burcon NutraScience Price Performance

The company has a 50-day moving average price of C$0.10 and a 200-day moving average price of C$0.15. 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 firm has a market capitalization of C$13.50 million, a P/E ratio of -0.45 and a beta of 2.90.

About Burcon NutraScience

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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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