Burcon NutraScience (TSE:BU) Stock Price Up 5.6% – Here’s Why

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

Burcon NutraScience Stock Up 5.6 %

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’s 50 day simple moving average is C$0.09 and its 200 day simple moving average is C$0.14. The company has a quick ratio of 1.71, a current ratio of 5.63 and a debt-to-equity ratio of 187.90.

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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