Burcon NutraScience (TSE:BU) Stock Price Up 5.6% – Still a Buy?

Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR) shot up 5.6% during mid-day trading on Saturday . The company traded as high as C$0.10 and last traded at C$0.10. 254,271 shares were traded during mid-day trading, an increase of 182% from the average session volume of 90,183 shares. The stock had previously closed at C$0.09.

Burcon NutraScience Stock Performance

The stock has a market capitalization of C$13.50 million, a price-to-earnings ratio of -0.45 and a beta of 2.90. The company’s 50-day simple moving average is C$0.09 and its 200-day simple moving average is C$0.14. The company has a current ratio of 5.63, a quick ratio of 1.71 and a debt-to-equity ratio of 187.90.

About Burcon NutraScience

(Get Free Report)

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.

Further Reading

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