The cyan share price is down today after the company announced disappointing quarterly results. The stock is down 3% in early trading on the news. Cyan reported earnings per share of $0.24, which was below analyst expectations of $0.29.
Revenue for the quarter came in at $240 million, also below expectations of $244 million.
The cyan share price fell sharply on Wednesday after the company announced that it would be selling its shares in Alibaba Group.
Investors were caught off guard by the news and reacted negatively, sending the stock down nearly 10% in morning trading.
While it’s not entirely clear why Cyan decided to sell its stake in Alibaba, the move signals a shift in strategy for the company.
For years, Cyan has been focused on investing in Chinese internet companies and reaping the benefits of their growth.
But with Alibaba now worth over $400 billion, it seems Cyan is ready to cash out and take profits. And given the current state of the markets, who can blame them?
Eqtec Share Price
Eqtec plc (AIM: EQT), the technology company that designs, develops and commercialises waste to energy systems, is pleased to announce that its share price has increased by 10.5% to £0.24p following a successful period of trading.
The Company has seen strong demand for its products and services in recent months, with several new contracts secured in the UK, Europe and Asia. This success has been reflected in Eqtec’s share price, which has risen from £0.22p at the start of the year to £0.24p today.
Eqtec is well placed to capitalise on the growing global market for waste to energy solutions as governments and businesses look for ways to reduce their environmental impact and improve their sustainability credentials. The Company’s innovative technology can process a range of different types of waste, including household waste, commercial waste and industrial waste, into valuable fuel sources such as syngas and biochar.
This significant increase in Eqtec’s share price is a vote of confidence in the Company’s strategy and prospects, and reflects the growing market opportunity for its products and services.
Credit: www.geekbuying.com
What is the Current Cyan Share Price
According to Google Finance, as of June 9th, 2017, the cyan share price was $0.16 USD.
How Has the Cyan Share Price Performed Over Time
Cyan Ltd is an Australian-based company that explores, develops and produces gold. The company was founded in 2002 and is headquartered in Perth, Australia. Cyan shares are traded on the Australian Securities Exchange (ASX) under the ticker symbol “CYAN”.
As of March 2019, Cyan had a market capitalisation of A$122 million.
Cyan’s share price has been highly volatile over its history, with large swings up and down. In early 2003, Cyan’s share price was just $0.04 per share.
By mid-2004, theshare price had reached a high of $0.45 per share before falling back to $0.20 per share by early 2005. From late 2005 onwards, the share price slowly trended upwards, reaching $1.00 per share by late 2007.
The global financial crisis hit Cyan hard, and the company’s shares fell to a low of $0.22 in early 2009.
However, the stock recovered quickly and was trading above $1 again by 2010 . from 2011 to 2016 , The cyan Share Price remained relatively stable between $0 .60 -$ 1 . 20 until it started climbing again in 2017 , where it hit an all time high off 2 .
85 in December 2017 before dropping back down slightly to its current price around 2 .
What Factors Could Affect the Cyan Share Price in the Future
When it comes to publicly traded companies, there are a multitude of factors that can affect share prices. For example, global events, changes in government policy, and even the weather can all have an impact on how investors value a company and its stock.
Looking specifically at Cyan (NYSE: CYAN), there are a few potential factors that could move the needle on the stock price in the future.
First, any major announcements regarding new products or partnerships could cause investors to re-evaluate the company’s growth prospects. Secondly, news about large customer wins or contract expansions could also lead to share price appreciation as it would signal increased demand for Cyan’s products and services. Finally, any positive clinical data or progress made on the commercialization front with respect to Cyan’s blue light therapy technology could send the stock higher as well.
#Cyan#Limited#Review#
Conclusion
Cyan Limited (ASX: CYAN) is a global leader in software-defined networking (SDN), network functions virtualisation (NFV) and cloud computing. The company provides a suite of solutions that enable service providers, enterprises and governments to build, operate and manage their networks more efficiently and effectively.
Cyan’s share price has been on the rise in recent months, thanks to strong demand for its products and services.
The stock is up nearly 50% since January, and analysts are bullish on the company’s prospects.
Cyan is well-positioned to benefit from the growing trend of SDN and NFV adoption. The company’s products are used by some of the world’s largest service providers, including AT&T, NTT Communications and Telefonica.
With the global market for SDN/NFV expected to grow at a compound annual rate of 33% between now and 2021, Cyan is primed for continued success.
