Burcon NutraScience (TSE:BU) Trading 5.6% Higher – What’s Next?

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

Burcon NutraScience Price Performance

The firm has a 50-day moving average of C$0.09 and a 200-day moving average of C$0.14. 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 market cap of C$13.50 million, a PE ratio of -0.45 and a beta of 2.90.

About Burcon NutraScience

(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.

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