Burcon NutraScience (TSE:BU) Shares Up 33.3% – Here’s Why

Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR) shares shot up 33.3% during mid-day trading on Monday . The stock traded as high as C$0.18 and last traded at C$0.18. 323,126 shares were traded during mid-day trading, an increase of 677% from the average session volume of 41,570 shares. The stock had previously closed at C$0.14.

Burcon NutraScience Trading Up 42.9 %

The company has a current ratio of 5.63, a quick ratio of 1.71 and a debt-to-equity ratio of 187.90. The company has a market cap of C$28.42 million, a price-to-earnings ratio of -0.76 and a beta of 2.90. The firm has a 50-day moving average price of C$0.15 and a 200 day moving average price of C$0.19.

About Burcon NutraScience

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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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