Burcon NutraScience (TSE:BU) Stock Price Up 5.9% – Should You Buy?

Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR)’s stock price shot up 5.9% during trading on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.09. 118,250 shares were traded during trading, an increase of 58% from the average session volume of 74,615 shares. The stock had previously closed at C$0.09.

Burcon NutraScience Trading Up 11.8 %

The company has a market cap of C$13.50 million, a price-to-earnings ratio of -0.45 and a beta of 2.90. The firm has a 50-day moving average price of C$0.10 and a 200 day moving average price of C$0.15. 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

(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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