Burcon NutraScience (TSE:BU) Reaches New 1-Year Low – Should You Sell?

Burcon NutraScience Co. (TSE:BU) (NYSE:BUR) shares reached a new 52-week low during mid-day trading on Wednesday. The stock traded as low as C$1.27 and last traded at C$1.29, with a volume of 11705 shares changing hands. The stock had previously closed at C$1.34.

Burcon NutraScience Price Performance

The company has a current ratio of 0.21, a quick ratio of 1.71 and a debt-to-equity ratio of -319.77. The stock has a market cap of C$17.52 million, a P/E ratio of -1.19 and a beta of 2.41. The firm has a 50-day simple moving average of C$1.69 and a two-hundred day simple moving average of C$1.93.

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

Burcon NutraScience Company Profile

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.