Shares of Cyanotech Corp (NASDAQ:CYAN) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $2.47 and traded as high as $2.48. Cyanotech shares last traded at $2.51, with a volume of 4 shares changing hands.
The company has a debt-to-equity ratio of 0.68, a current ratio of 1.85 and a quick ratio of 0.41. The business has a 50-day simple moving average of $2.47 and a 200-day simple moving average of $2.89.
Cyanotech (NASDAQ:CYAN) last posted its quarterly earnings results on Tuesday, August 13th. The biotechnology company reported ($0.02) earnings per share (EPS) for the quarter. The company had revenue of $8.07 million during the quarter. Cyanotech had a negative net margin of 7.88% and a negative return on equity of 15.79%.
Cyanotech Company Profile (NASDAQ:CYAN)
Cyanotech Corporation engages in the cultivation, production, and sale of natural products derived from microalgae for the health and human nutrition markets worldwide. The company's products include Hawaiian BioAstin natural astaxanthin, a dietary antioxidant, which is used as a human nutraceutical and functional food ingredient to support and maintain the body's natural inflammatory response, enhance skin, and support eye and joint health; and Hawaiian Spirulina Pacifica, a nutrient-rich dietary supplement that is used for extra energy, a strengthened immune system, cardiovascular benefits, and as a source of antioxidant carotenoids.
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