Burcon NutraScience (TSE:BU) Hits New 1-Year Low – Here’s Why

Burcon NutraScience Co. (TSE:BU) (NYSE:BUR) shares hit a new 52-week low during trading on Friday. The company traded as low as C$1.25 and last traded at C$1.32, with a volume of 923 shares changing hands. The stock had previously closed at C$1.30.

Burcon NutraScience Trading Up 1.5%

The firm has a market capitalization of C$16.75 million, a price-to-earnings ratio of -1.14 and a beta of 2.41. The firm’s 50-day moving average is C$1.64 and its 200 day moving average is C$1.90. The company has a current ratio of 0.21, a quick ratio of 1.71 and a debt-to-equity ratio of -319.77.

Burcon NutraScience (TSE:BU) (NYSE:BUR) last posted its quarterly earnings data on Wednesday, August 12th. The company reported C($0.30) earnings per share for the quarter. Burcon NutraScience had a negative net margin of 454.70% and a positive return on equity of 338.06%. The company had revenue of C$1.28 million during the quarter. On average, equities analysts predict that Burcon NutraScience Co. will post 0.000341 earnings per share for the current fiscal year.

About Burcon NutraScience

Burcon is a global technology leader in plant-based proteins for food and beverage applications. The Company has developed a portfolio of high-performance protein ingredients, including Peazzaz® pea proteins, FavaPro TM fava proteins and Puratein® canola proteins, and is focused on commercializing its technologies through manufacturing partnerships and growing customer adoption worldwide.