Burcon NutraScience (TSE:BU) Shares Down 6.3% – What’s Next?

Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR) dropped 6.3% on Monday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 227,300 shares changed hands during trading, an increase of 242% from the average daily volume of 66,413 shares. The stock had previously closed at C$0.08.

Burcon NutraScience Trading Down 6.3 %

The firm has a market cap of C$10.66 million, a price-to-earnings ratio of -0.36 and a beta of 2.90. The company has a fifty day moving average price of C$0.12 and a 200-day moving average price of C$0.16. The company has a current ratio of 5.63, a quick ratio of 1.71 and a debt-to-equity ratio of 187.90.

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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