Burcon NutraScience (TSE:BU) Stock Price Up 11.1% – Time to Buy?

Shares of Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR) rose 11.1% during trading on Friday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 235,271 shares were traded during mid-day trading, an increase of 164% from the average daily volume of 89,231 shares. The stock had previously closed at C$0.09.

Burcon NutraScience Trading Up 5.6 %

The company has a market capitalization of C$13.50 million, a price-to-earnings ratio of -0.45 and a beta of 2.90. The company has a debt-to-equity ratio of 187.90, a quick ratio of 1.71 and a current ratio of 5.63. The business’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

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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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