CYAN, the ticker for Cyanotech Corporation, experienced a significant stock price surge of 33.20% on the U.S. OTC market. The stock is currently priced at $0.779 with a trading volume of 2,000 shares and a turnover rate of 0.03%.
The company's recent financial report revealed a revenue of $5.90 million, but it also recorded a net loss of $1.20 million. This translates to an earnings per share (EPS) of -$0.17 and a gross profit of $1.48 million, while the price-to-earnings (P/E) ratio stands at -1.03.
There are currently no institutional ratings for CYAN, meaning no recommendations for buying, holding, or selling have been issued.
In the broader packaging food industry on the OTC market, where CYAN operates, there was an overall decline of 0.57%. However, certain stocks like Nongmi Liangpin, Steakholder Foods Ltd, and Arcadia Biosciences saw notable gains.
