The stock of Cyanotech Corporation (CYAN.us) on the U.S. OTC market experienced significant volatility, plunging 21.09%. The latest available data shows the stock trading at $0.600 per share with a trading volume of 1,500 shares. The turnover rate stood at 0.02%, while the amplitude reached 10.55%.
According to recent financial reports, Cyanotech reported revenues of $5.90 million with a net loss of $1.20 million, translating to earnings per share of -$0.17. The company recorded a gross profit of $1.48 million, and it currently has a negative price-to-earnings ratio of -0.79. As of now, no financial institutions have issued buy, hold, or sell ratings for Cyanotech.
In the broader packaging food industry on the OTC market, the sector saw a modest gain of 0.12%. Notable performers in this category included Above Food Ingredients Inc and Stryve Foods, Inc., which showed significant price increases. Stryve Foods, Inc. and Blue Star Foods Corp. were among the most actively traded, with turnover rates of 90.43% and 42.51% respectively. Other stocks experiencing substantial price swings included Stryve Foods, Inc. and Clene Inc.
