Burcon NutraScience (TSE:BU) Share Price Passes Below 200-Day Moving Average of $0.23

Shares of Burcon NutraScience Co. (TSE:BU) (NYSE:BUR) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.23 and traded as low as C$0.16. Burcon NutraScience shares last traded at C$0.17, with a volume of 6,461 shares trading hands.

Burcon NutraScience Trading Down 2.9 %

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 firm’s fifty day moving average price is C$0.18 and its 200-day moving average price is C$0.23. The company has a market cap of C$23.45 million, a price-to-earnings ratio of -0.79 and a beta of 2.92.

Burcon NutraScience (TSE:BU) (NYSE:BUR) last posted its earnings results on Wednesday, August 14th. The company reported C($0.01) EPS for the quarter. The business had revenue of C$0.24 million for the quarter. On average, equities analysts expect that Burcon NutraScience Co. will post 0.000341 EPS for the current fiscal year.

About Burcon NutraScience

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.