Burcon NutraScience (OTCMKTS:BUROF) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

Burcon NutraScience Co. (OTCMKTS:BUROFGet Free Report) (TSE:BU) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $0.00 and traded as high as $4.29. Burcon NutraScience shares last traded at $4.13, with a volume of 165,000 shares traded.

Burcon NutraScience Price Performance

The stock has a market cap of $447.82 million, a price-to-earnings ratio of -413.00 and a beta of 1.15.

Burcon NutraScience Company Profile

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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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