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Burcon NutraScience (OTCMKTS:BUROF) Share Price Crosses Below 50-Day Moving Average of $0.53

Financial News Live ·  Sep 8, 2022 17:41

Burcon NutraScience Co. (OTCMKTS:BUROF – Get Rating) (TSE:BU) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.53 and traded as low as $0.43. Burcon NutraScience shares last traded at $0.46, with a volume of 274,822 shares changing hands.

Burcon NutraScience Stock Performance

The stock has a market capitalization of $49.60 million, a price-to-earnings ratio of -151.80 and a beta of 1.15. The business has a 50-day moving average of $0.54 and a 200-day moving average of $0.66.

About Burcon NutraScience

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Burcon NutraScience Corporation, together with its subsidiary, develops plant proteins and ingredients for use in the food and beverage industries in Canada. The company's products include CLARISOY, a soy protein for use in sports nutrition beverages, dairy alternative yogurts and cheeses, powdered beverage mixes, coffee creamers, and other foods and nutritional products; and Peazazz, a pea protein for dairy alternative products, such as protein bars and crisps, weight management and meal replacement products, and vegetarian and vegan foods, as well as dry blended and ready-to-drink beverages.

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