Burcon NutraScience (TSE:BU) Stock Price Passes Above 200-Day Moving Average – What’s Next?

Shares of Burcon NutraScience Co. (TSE:BUGet Free Report) (NYSE:BUR) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.10 and traded as high as C$0.10. Burcon NutraScience shares last traded at C$0.10, with a volume of 6,000 shares trading hands.

Burcon NutraScience Trading Up 5.3 %

The stock has a market cap of C$24.45 million, a price-to-earnings ratio of -1.73 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 company has a 50 day moving average of C$0.09 and a 200-day moving average of C$0.10.

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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