Cyanotech Corporation engages in the cultivation, production, and sale of natural products derived from microalgae worldwide The company’s products include BioAstin Hawaiian Astaxanthin, a dietary antioxidant to enhance skin, and to support eye, joint and immune health, as well as used as a human dietary supplement and dietary ingredient; and Hawaiian Spirulina Pacifica, a nutrient-rich dietary supplement, which is used for extra energy, strengthened immune system, cardiovascular benefits, and as a source of antioxidant carotenoids.
infoCyanotech is a micro cap stock with a total market cap of 6.96M.
infoThey trade on the NASDAQ and had their IPO 32 years and 1 month ago.
infoCyanotech currently employs 95 people.
infoAs of Friday, Jun 23 2023, Cyanotech’s share price is $1.11.
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https://www.thelincolnianonline.com
Cyanotech Corp (NASDAQ:CYAN) Director Michael A. / Davis Acquires 4,241 Shares of Stock
Thursday Sep 10 2020 at 06:50
Cyanotech Corp (NASDAQ:CYAN) Director Michael A. / Davis acquired 4,241 shares of the firm’s stock in a transaction on Tuesday, September 8th. The shares were bought at an average cost of $2.83 per share, with a total value of $12,002.03. Following the completion of the transaction, the director now directly owns 12,119 shares in the […]
Yahoo
Is Cyanotech (NASDAQ:CYAN) Set To Make A Turnaround?
Tuesday Aug 18 2020 at 14:53
When it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in…
Yahoo
Cyanotech Reports Financial Results for the First Quarter of Fiscal 2021
Tuesday Aug 11 2020 at 12:00
Cyanotech Reports Financial Results for the First Quarter of Fiscal 2021
Cyanotech Bankruptcy Risk
Derived from SEC.GOV filing dataopen_in_new
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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Cyanotech’s Altman Z-score is 0.71 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Cyanotech Insider Trading
Derived from SEC.GOV filing dataopen_in_new
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, there has been no insider trading in Cyanotech.
Debt & Income Analysis
Derived from SEC.GOV filing dataopen_in_new
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
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Cyanotech’s Income Quality of 0.9 is in line with its Industry Group of 0.82 (9.8% greater)
Cyanotech’s Income Quality of 0.9 is in line with its Major Industry Group of 0.83 (8.4% greater)
Cyanotech’s Income Quality of 0.9 is in line with its Sector of 0.85 (5.9% greater)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
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Cyanotech’s Current Ratio of 3.11 is lower than its Industry Group of 4.71 (-34.0% lower)
Cyanotech’s Current Ratio of 3.11 is lower than its Major Industry Group of 4.13 (-24.7% lower)
Cyanotech’s Current Ratio of 3.11 is greater than its Sector of 2.58 (20.5% greater)
Value Analysis
Derived from SEC.GOV filing dataopen_in_new
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
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Cannot compare a negative PE Ratio (-3.79 & -1.48)
Cannot compare a negative PE Ratio (-3.79 & -1.3)
Cannot compare a negative PE Ratio (-3.79 & -0.19)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
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Cyanotech’s PB Ratio of 0.39 is lower than its Industry Group of 1.36 (-71.3% lower)
Cyanotech’s PB Ratio of 0.39 is lower than its Major Industry Group of 1.44 (-72.9% lower)
Cyanotech’s PB Ratio of 0.39 is lower than its Sector of 1.71 (-77.2% lower)
Efficiency Analysis
Derived from SEC.GOV filing dataopen_in_new
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
Learn more at Investopediaopen_in_new
Cyanotech’s ROE of -0.1 is greater than its Industry Group of -0.44 (77.3% greater)
Cyanotech’s ROE of -0.1 is greater than its Major Industry Group of -0.38 (73.7% greater)
Cannot compute a percentage difference when there are zeros in the calculation
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
Learn more at Investopediaopen_in_new
Cyanotech’s ROCE of -0.05 is greater than its Industry Group of -0.43 (88.4% greater)
Cyanotech’s ROCE of -0.05 is greater than its Major Industry Group of -0.36 (86.1% greater)
Cyanotech’s ROCE of -0.05 is lower than its Sector of 0.01 (-600.0% lower)