Burcon NutraScience (TSE:BU) Trading Down 19.4% – Should You Sell?

Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR) shares fell 19.4% on Thursday . The company traded as low as C$0.11 and last traded at C$0.13. 330,760 shares traded hands during mid-day trading, an increase of 753% from the average session volume of 38,791 shares. The stock had previously closed at C$0.16.

Burcon NutraScience Trading Up 7.7 %

The firm’s 50-day simple moving average is C$0.15 and its 200-day simple moving average is C$0.20. The firm has a market capitalization of C$19.89 million, a P/E ratio of -0.62 and a beta of 2.90. The company has a quick ratio of 1.71, a current ratio of 5.63 and a debt-to-equity ratio of 187.90.

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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