Burcon NutraScience (TSE:BU) Trading Up 5.9% – What’s Next?

Shares of Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR) shot up 5.9% during mid-day trading on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.09. 118,250 shares changed hands during mid-day 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 Stock Down 5.3 %

The firm’s 50-day moving average price is C$0.10 and its 200 day moving average price is C$0.14. 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 capitalization of C$12.79 million, a price-to-earnings ratio of -0.43 and a beta of 2.90.

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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