Cyanotech Corporation (NASDAQ:CYAN) last issued its quarterly earnings data on Thursday, August 10th. The biotechnology company reported $0.09 EPS for the quarter. The business had revenue of $8.81 million for the quarter. Cyanotech Corporation had a negative return on equity of 0.14% and a negative net margin of 0.07%.
Shares of Cyanotech Corporation (NASDAQ:CYAN) opened at $4.89 on Monday. Cyanotech Corporation has a 12 month low of $3.25 and a 12 month high of $5.35. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.25 and a quick ratio of 0.79.
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A number of equities analysts have issued reports on CYAN shares. ValuEngine cut Cyanotech Corporation from a “hold” rating to a “sell” rating in a report on Friday, October 6th. TheStreet upgraded Cyanotech Corporation from a “d” rating to a “c-” rating in a report on Monday, August 28th.
About Cyanotech Corporation
Cyanotech Corporation is engaged in the production of natural products derived from microalgae for the nutritional supplements market. The Company’s products include Hawaiian Spirulina Pacifica and Hawaiian BioAstin. Hawaiian Spirulina Pacifica is a dietary supplement used for extra energy, a strengthened immune system, cardiovascular benefits and as a source of antioxidant carotenoids.
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