Cyanotech Corporation

Company Profile

Cyanotech Corporation had its IPO on 1993-06-22 under the ticker symbol CYAN.

The company operates in the Consumer Defensive sector and Packaged Foods industry. Cyanotech Corporation has a staff strength of 95 employees.

Stock update

Shares of Cyanotech Corporation opened at $0.77 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.77 - $0.79, and closed at $0.79.

This is a -5% slip from the previous day's closing price.

A total volume of 440 shares were traded at the close of the day’s session.

In the last one week, shares of Cyanotech Corporation have increased by +21.31%.

Cyanotech Corporation's Key Ratios

Cyanotech Corporation has a market cap of $6.59 million, indicating a price to book ratio of 0.3619 and a price to sales ratio of 0.2106.

In the last 12-months Cyanotech Corporation’s revenue was $25.91 million with a gross profit of $13.57 million and an EBITDA of $383000. The EBITDA ratio measures Cyanotech Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Cyanotech Corporation’s operating margin was -5.03% while its return on assets stood at -2.67% with a return of equity of -9.39%.

In Q4, Cyanotech Corporation’s quarterly earnings growth was a negative -53.8% while revenue growth was a negative 37.7%.

Cyanotech Corporation’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-0.3 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Cyanotech Corporation’s profitability.

Cyanotech Corporation stock is trading at a EV to sales ratio of 0.5287 and a EV to EBITDA ratio of 9.5152. Its price to sales ratio in the trailing 12-months stood at 0.2106.

Cyanotech Corporation stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$29.77 million

Total Liabilities

$4.67 million

Operating Cash Flow

$0

Capital Expenditure

$328000

Dividend Payout Ratio

0%

Cyanotech Corporation ended 2024 with $29.77 million in total assets and $0 in total liabilities. Its intangible assets were valued at $29.77 million while shareholder equity stood at $17.73 million.

Cyanotech Corporation ended 2024 with $0 in deferred long-term liabilities, $4.67 million in other current liabilities, 125000.00 in common stock, $-16204000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $513000.00 and cash and short-term investments were $513000.00. The company’s total short-term debt was $2,554,000 while long-term debt stood at $4.17 million.

Cyanotech Corporation’s total current assets stands at $14.53 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $2.16 million compared to accounts payable of $1.03 million and inventory worth $11.57 million.

In 2024, Cyanotech Corporation's operating cash flow was $0 while its capital expenditure stood at $328000.

Comparatively, Cyanotech Corporation paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.79

52-Week High

$3.5744

52-Week Low

$0.82

Analyst Target Price

$

Cyanotech Corporation stock is currently trading at $0.79 per share. It touched a 52-week high of $3.5744 and a 52-week low of $3.5744. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.83 and 200-day moving average was $1.02 The short ratio stood at 0.98 indicating a short percent outstanding of 0%.

Around 4030.7% of the company’s stock are held by insiders while 924.9% are held by institutions.