Burcon NutraScience (TSE:BU) Shares Down 6.3% – Time to Sell?

Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR) fell 6.3% during mid-day trading on Monday . The stock traded as low as C$0.08 and last traded at C$0.08. 227,300 shares were traded during mid-day trading, an increase of 242% from the average session volume of 66,413 shares. The stock had previously closed at C$0.08.

Burcon NutraScience Stock Performance

The company has a quick ratio of 1.71, a current ratio of 5.63 and a debt-to-equity ratio of 187.90. The firm has a market capitalization of C$10.66 million, a price-to-earnings ratio of -0.36 and a beta of 2.90. The business has a 50-day moving average price of C$0.12 and a 200-day moving average price of C$0.16.

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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