Cyanotech (OTCPK:CYAN) - Stock Price, News & Analysis

CYAN Stock Overview

An agricultural company, engages in the production of natural products derived from microalgae worldwide. More details

CYAN fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Risk Analysis

Has less than 1 year of cash runway

Does not have a meaningful market cap ($3M)

Earnings have declined by 55.3% per year over past 5 years

Highly volatile share price over the past 3 months compared to the US market

+ 1 more risk

Cyanotech Corporation Competitors

Stemtech

OTCPK:STEK

US$6.3m

CCA Industries

OTCPK:CAWW

US$6.0m

Mace Security International

OTCPK:MACE

US$1.2m

Elevai Labs

NasdaqCM:ELAB

US$1.1m

Price History & Performance

Summary of all time highs, changes and price drops for Cyanotech
Historical stock prices
Current Share Price	US$0.37
52 Week High	US$1.02
52 Week Low	US$0.12
Beta	0.029
11 Month Change	-36.75%
3 Month Change	-54.88%
1 Year Change	-49.36%
33 Year Change	-88.92%
5 Year Change	-83.98%
Change since IPO	-63.00%

Recent updates

Cyanotech Corporation (NASDAQ:CYAN) Not Doing Enough For Some Investors As Its Shares Slump 39%

Feb 15

Is Cyanotech (NASDAQ:CYAN) Using Debt Sensibly?

Feb 09

Is Cyanotech (NASDAQ:CYAN) Weighed On By Its Debt Load?

Oct 05

There's Been No Shortage Of Growth Recently For Cyanotech's (NASDAQ:CYAN) Returns On Capital

Sep 30

These 4 Measures Indicate That Cyanotech (NASDAQ:CYAN) Is Using Debt Reasonably Well

Feb 08

Returns On Capital Tell Us A Lot About Cyanotech (NASDAQ:CYAN)

Jan 04

Cyanotech Corporation's (NASDAQ:CYAN) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Nov 30

Cyanotech reports Q2 results

Nov 12

Shareholder Returns

	CYAN	US Personal Products	US Market
7D	-28.8%	1.5%	-1.0%
1Y	-49.4%	-13.9%	30.3%

Return vs Industry: CYAN underperformed the US Personal Products industry which returned -13.9% over the past year.

Return vs Market: CYAN underperformed the US Market which returned 30.3% over the past year.

Price Volatility

Is CYAN's price volatile compared to industry and market?
CYAN volatility
CYAN Average Weekly Movement	25.6%
Personal Products Industry Average Movement	8.4%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.7%
10% least volatile stocks in US Market	3.1%

Stable Share Price: CYAN's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: CYAN's weekly volatility (26%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
1983	77	Matt Custer	www.cyanotech.com

Cyanotech Corporation, an agricultural company, engages in the production of natural products derived from microalgae worldwide. The company offers BioAstin Hawaiian Astaxanthin, a natural antioxidant to enhance skin, and to support eye, joint and immune health; and Hawaiian Spirulina Pacifica, a nutrient-rich dietary supplement to support natural energy, immune system, and cardiovascular health, as well as a source of antioxidant carotenoids. It also provides contract extraction and research and development services.

Cyanotech Corporation Fundamentals Summary

How do Cyanotech's earnings and revenue compare to its market cap?
CYAN fundamental statistics
Market cap	US$2.51m
Earnings (TTM)	-US$5.45m
Revenue (TTM)	US$23.30m

0.1x

P/S Ratio

-0.5x

P/E Ratio

Is CYAN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CYAN income statement (TTM)
Revenue	US$23.30m
Cost of Revenue	US$17.81m
Gross Profit	US$5.49m
Other Expenses	US$10.94m
Earnings	-US$5.45m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.76
Gross Margin	23.55%
Net Profit Margin	-23.41%
Debt/Equity Ratio	72.4%

How did CYAN perform over the long term?

See historical performance and comparison

CYAN Stock Overview

Risk Analysis

Cyanotech Corporation Competitors

OTCPK:STEK

US$6.3m

OTCPK:CAWW

US$6.0m

OTCPK:MACE

US$1.2m

NasdaqCM:ELAB

US$1.1m

Price History & Performance

Recent News & Updates

Cyanotech Corporation Announces CFO Changes

Cyanotech Corporation Announces CFO Changes

Cyanotech Corporation, Annual General Meeting, Aug 22, 2024

The Nasdaq Stock Market to Delist the Common Stock of Cyanotech

Cyanotech Corporation(NasdaqCM:CYAN) dropped from NASDAQ Composite Index

Cyanotech Corporation(NasdaqCM:CYAN) dropped from NASDAQ Composite Index

Recent updates

Cyanotech Corporation Announces CFO Changes

Cyanotech Corporation Announces CFO Changes

Cyanotech Corporation, Annual General Meeting, Aug 22, 2024

The Nasdaq Stock Market to Delist the Common Stock of Cyanotech

Cyanotech Corporation(NasdaqCM:CYAN) dropped from NASDAQ Composite Index

Cyanotech Corporation(NasdaqCM:CYAN) dropped from NASDAQ Composite Index

New minor risk - Share price stability

Cyanotech Corporation (NASDAQ:CYAN) Not Doing Enough For Some Investors As Its Shares Slump 39%

Cyanotech Receives Notification Letter from The Nasdaq Stock Market LLC Regarding Not Regains Compliance with the Bid Price Rule and Not Eligible for Second 180-Day Period

New major risk - Financial position

Is Cyanotech (NASDAQ:CYAN) Using Debt Sensibly?

Third quarter 2024 earnings released: US$0.16 loss per share (vs US$0.095 loss in 3Q 2023)

Second quarter 2024 earnings released: US$0.13 loss per share (vs US$0.15 loss in 2Q 2023)

Is Cyanotech (NASDAQ:CYAN) Weighed On By Its Debt Load?

First quarter 2024 earnings released: US$0.22 loss per share (vs US$0.076 loss in 1Q 2023)

Cyanotech Receives Notification Letter from Nasdaq Regarding Non-Compliance with Minimum Bid Price Requirement for its Common Stock

Cyanotech Corporation Appoints Collette Kakuk as Chief Strategic and Commercial Officer

Cyanotech Corporation, Annual General Meeting, Aug 24, 2023

New minor risk - Share price stability

Full year 2023 earnings released: US$0.55 loss per share (vs US$0.35 profit in FY 2022)

Cyanotech Receives a Notification Letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC Regarding Bid Price Rule

Third quarter 2023 earnings released: US$0.095 loss per share (vs US$0.062 profit in 3Q 2022)

Second quarter 2023 earnings released: US$0.15 loss per share (vs US$0.16 profit in 2Q 2022)

Investor sentiment improved over the past week

There's Been No Shortage Of Growth Recently For Cyanotech's (NASDAQ:CYAN) Returns On Capital

Investor sentiment deteriorated over the past week

Here's Why Cyanotech (NASDAQ:CYAN) Can Manage Its Debt Responsibly

First quarter 2023 earnings released: US$0.076 loss per share (vs US$0.085 profit in 1Q 2022)

Cyanotech GAAP EPS of -$0.08, revenue of $6.72M

Cyanotech Corporation, Annual General Meeting, Aug 25, 2022

Cyanotech Corporation Announces Management Changes

Full year 2022 earnings released: EPS: US$0.35 (vs US$0.15 in FY 2021)

Cyanotech (NASDAQ:CYAN) Might Have The Makings Of A Multi-Bagger

Is Cyanotech (NASDAQ:CYAN) A Risky Investment?

Insufficient new directors

The ESG Future Of Food Protein Production: Cyanotech

Cyanotech (NASDAQ:CYAN) Is Doing The Right Things To Multiply Its Share Price

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

We Think Cyanotech (NASDAQ:CYAN) Can Stay On Top Of Its Debt

Independent Chairman of the Board recently bought US$126k worth of stock

Cyanotech (NASDAQ:CYAN) Is Experiencing Growth In Returns On Capital

Second quarter 2022 earnings released: EPS US$0.16 (vs US$0.026 in 2Q 2021)

First quarter 2022 earnings released: EPS US$0.085 (vs US$0.023 in 1Q 2021)

Full year 2021 earnings released: EPS US$0.15 (vs US$0.065 in FY 2020)

Cyanotech (NASDAQ:CYAN) Is Carrying A Fair Bit Of Debt

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

New 90-day high: US$4.12

Cyanotech's (NASDAQ:CYAN) Promising Earnings May Rest On Soft Foundations

Third quarter 2021 earnings released: EPS US$0.14 (vs US$0.029 in 3Q 2020)

New 90-day high: US$3.92

These 4 Measures Indicate That Cyanotech (NASDAQ:CYAN) Is Using Debt Reasonably Well

New 90-day high: US$3.40

New 90-day high: US$3.22

Returns On Capital Tell Us A Lot About Cyanotech (NASDAQ:CYAN)

New 90-day high: US$3.17

Cyanotech Corporation's (NASDAQ:CYAN) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Independent Director recently sold US$108k worth of stock

Second quarter 2021 earnings released: EPS US$0.026

Cyanotech reports Q2 results