Burcon NutraScience (TSE:BU) Trading 5.6% Higher – Time to Buy?

Burcon NutraScience Co. (TSE:BU) (NYSE:BUR)’s share price traded 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. 254,271 shares changed hands during 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 Trading Up 5.6 %

The firm has a market capitalization of C$13.50 million, a P/E ratio of -0.45 and a beta of 2.90. The company has a quick ratio of 1.71, a current ratio of 5.63 and a debt-to-equity ratio of 187.90. The firm’s 50-day simple moving average is C$0.09 and its 200-day simple moving average is C$0.14.

Burcon NutraScience Company Profile

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.