Burcon NutraScience (BUR) Trading 37.5% Higher
Burcon NutraScience Corp (NASDAQ:BUR) (TSE:BU) traded up 37.5% during trading on Wednesday . The stock traded as high as $0.55 and last traded at $0.55. 708,692 shares traded hands during mid-day trading, an increase of 1,306% from the average session volume of 50,415 shares. The stock had previously closed at $0.40.
Separately, ValuEngine upgraded Burcon NutraScience from a “strong sell” rating to a “sell” rating in a research note on Friday, September 15th.
The company has a debt-to-equity ratio of 1.12, a quick ratio of 4.30 and a current ratio of 4.30.
An institutional investor recently raised its position in Burcon NutraScience stock. Royal Bank of Canada lifted its stake in Burcon NutraScience Corp (NASDAQ:BUR) (TSE:BU) by 25.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 351,342 shares of the biotechnology company’s stock after purchasing an additional 70,329 shares during the period. Royal Bank of Canada owned 0.93% of Burcon NutraScience worth $373,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 1.94% of the company’s stock.
WARNING: “Burcon NutraScience (BUR) Trading 37.5% Higher” was originally published by Daily Political and is the property of of Daily Political. If you are viewing this story on another domain, it was stolen and reposted in violation of US and international trademark & copyright legislation. The legal version of this story can be accessed at https://www.dailypolitical.com/2017/11/29/burcon-nutrascience-bur-trading-37-5-higher.html.
Burcon NutraScience Company Profile
Burcon NutraScience Corp (Burcon) is a Canada-based company, which is engaged in development of functional and renewable plant proteins. The Company has developed a portfolio of composition, application and process patents originating from a core protein extraction and purification technology. The Company and its subsidiary have developed CLARISOY, a soy protein; and are developing Peazazz, a pea protein, and Puratein, Supertein and Nutratein, approximately three canola protein isolates.
Receive News & Ratings for Burcon NutraScience Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Burcon NutraScience Corp and related companies with MarketBeat.com's FREE daily email newsletter.