Burcon NutraScience (TSE:BU) Shares Down 19.4% – Should You Sell?

Shares of Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR) were down 19.4% during mid-day trading on Thursday . The stock traded as low as C$0.11 and last traded at C$0.13. Approximately 330,760 shares were traded during trading, an increase of 753% from the average daily volume of 38,791 shares. The stock had previously closed at C$0.16.

Burcon NutraScience Stock Performance

The company has a debt-to-equity ratio of 187.90, a current ratio of 5.63 and a quick ratio of 1.71. The company has a market cap of C$19.18 million, a P/E ratio of -0.74 and a beta of 2.90. The stock’s 50-day moving average price is C$0.15 and its 200-day moving average price is C$0.20.

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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