Cyanotech Co. (OTCMKTS:CYAN – Get Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $0.46 and traded as high as $0.6099. Cyanotech shares last traded at $0.54, with a volume of 49,624 shares traded.
Cyanotech Stock Performance
The stock has a fifty day moving average price of $0.53 and a 200 day moving average price of $0.46. The company has a current ratio of 1.06, a quick ratio of 0.39 and a debt-to-equity ratio of 0.13. The firm has a market cap of $4.14 million, a price-to-earnings ratio of -2.16 and a beta of -0.09.
Cyanotech Company Profile
Cyanotech Corporation is a Hawaii-based producer of specialty health and nutrition products derived from microalgae. The company cultivates microalgae in open ponds at its facility on the Kona coast of Hawaii and processes the biomass into nutritional supplements and ingredient products. Its primary products include Hawaiian Spirulina Pacifica, a spirulina-based nutritional supplement, and BioAstin Hawaiian Astaxanthin, a natural antioxidant derived from the microalga Haematococcus pluvialis . Cyanotech has marketed these products for use in dietary supplements, functional foods and other health-related applications.
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