Burcon NutraScience (TSE:BU) Stock Price Up 5.6% – Time to Buy?

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

Burcon NutraScience Stock Performance

The company 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 has a debt-to-equity ratio of 187.90, a current ratio of 5.63 and a quick ratio of 1.71. The stock has a 50 day moving average price of C$0.09 and a two-hundred day moving average price of C$0.14.

Burcon NutraScience Company Profile

(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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