Burcon NutraScience Corp (TSE:BU) (NYSE:BUR)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.76 and traded as high as $1.49. Burcon NutraScience shares last traded at $1.47, with a volume of 264,414 shares traded.

Separately, Beacon Securities reaffirmed a “buy” rating on shares of Burcon NutraScience in a research report on Monday, July 8th.

The business has a 50-day simple moving average of C$1.33 and a two-hundred day simple moving average of C$0.77. The company has a debt-to-equity ratio of 650.26, a quick ratio of 9.70 and a current ratio of 9.82. The company has a market capitalization of $126.08 million and a price-to-earnings ratio of -12.57.

Burcon NutraScience (TSE:BU) (NYSE:BUR) last posted its quarterly earnings data on Friday, August 9th. The company reported C($0.03) earnings per share for the quarter. The business had revenue of C$0.02 million during the quarter. Research analysts predict that Burcon NutraScience Corp will post 0.08 EPS for the current fiscal year.

In related news, Director Johann Franz Tergesen acquired 56,000 shares of the firm’s stock in a transaction on Thursday, July 4th. The stock was bought at an average cost of C$0.68 per share, with a total value of C$37,800.00. Following the transaction, the director now owns 1,066,169 shares of the company’s stock, valued at C$719,664.08. Also, Director Rosanna Mei Wah Chau sold 100,000 shares of the stock in a transaction that occurred on Tuesday, July 16th. The stock was sold at an average price of C$1.00, for a total value of C$100,000.00. Following the sale, the director now directly owns 950,022 shares of the company’s stock, valued at C$950,022. Over the last ninety days, insiders have acquired 163,000 shares of company stock valued at $90,530 and have sold 250,000 shares valued at $265,000.

About Burcon NutraScience (TSE:BU)

Burcon NutraScience Corporation, together with its subsidiary, develops plant protein extraction and purification technology of functional and renewable plant proteins in Canada. Its products include CLARISOY, a soy protein for dairy foods, neutral pH beverages, and coffee creamers/whiteners; and Peazazz, a novel pea protein isolate.

Further Reading: Why does a company issue an IPO?

Receive News & Ratings for Burcon NutraScience Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Burcon NutraScience and related companies with MarketBeat.com's FREE daily email newsletter.