Media coverage about Cyanotech Corp (NASDAQ:CYAN) has trended somewhat negative this week, according to Alpha One. Alpha One, a unit of Accern, identifies negative and positive media coverage by reviewing more than twenty million news and blog sources. Alpha One ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cyanotech Corp earned a daily sentiment score of -0.05 on Alpha One’s scale. Alpha One also assigned news articles about the biotechnology company an impact score of 40 out of 100, meaning that recent media coverage is unlikely to have an impact on the stock’s share price in the near future.
Shares of Cyanotech Corp (NASDAQ:CYAN) remained flat at $3.85 during midday trading on Friday. 41 shares of the stock traded hands. The stock has a 50-day moving average of $3.90 and a 200-day moving average of $3.99. Cyanotech Corp has a one year low of $3.32 and a one year high of $5.80. The stock’s market cap is $21.82 million.
Cyanotech Corp (NASDAQ:CYAN) last released its quarterly earnings data on Tuesday, February 7th. The biotechnology company reported ($0.06) earnings per share (EPS) for the quarter. Cyanotech Corp had a negative net margin of 15.14% and a negative return on equity of 8.28%. The company earned $7.61 million during the quarter. Equities analysts predict that Cyanotech Corp will post ($0.01) earnings per share for the current fiscal year.
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About Cyanotech Corp
Cyanotech Corporation is engaged in the production of natural products derived from microalgae for the nutritional supplements market. The Company’s products include Hawaiian Spirulina Pacifica and Hawaiian BioAstin. Hawaiian Spirulina Pacifica is a dietary supplement used for extra energy, a strengthened immune system, cardiovascular benefits and as a source of antioxidant carotenoids.
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