On October 1, 2024, Cyanotech (CYAN, Financial) experienced a significant price movement on the U.S. OTC market, surging 8.37%. The stock reached $0.760 per share with a trading volume of 6,201 shares, a turnover ratio of 0.09%, and a volatility of 8.53%.
According to the latest financial reports, Cyanotech (CYAN, Financial) achieved a revenue of $5.90 million, a net loss of $1.20 million, an earnings per share (EPS) of -$0.17, and a gross profit of $1.48 million. The company currently has a Price-to-Earnings (P/E) ratio of -1.00. There are no current institutional ratings for the stock regarding "buy," "hold," or "sell" recommendations.
In the broader packaged foods sector of the OTC market, where Cyanotech (CYAN, Financial) operates, the overall decline was 0.37%. Notable gainers in this sector included Steakholder Foods Ltd, Nocera, Inc., and Stryve Foods Inc C/Wts 20/07/2026 (To Pur Com). Other actively traded stocks were Farmmi, Blue Star Foods Corp., and The Real Good Food Company, Inc., with turnover rates of 9.16%, 5.11%, and 4.90% respectively. Stocks with high volatility included Happigoal, Above Food Ingredients Inc C/Wts 28/06/2029 (To Pur Com), and Farmmi, with volatilities of 57.12%, 46.97%, and 23.95% respectively.
