Cyanotech Corp. (Nasdaq: CYAN) has added two new products to its line of microalgae and spirulina dietary supplements.
The Big Island company's new products are condition-specific. One is intended to support a healthy cardiovascular system, the other to strengthen joints and tendons.
Nearly 15,000 Cyanotech shares changed hands following the announcement Monday. Average daily volume for the stock is 6,300.
The company's stock, which hit a 52-week low of 75 cents per share on Oct. 9, closed at $1.06 Monday, up 6 percent from the previous trading day.
Also in the announcement, Cyanotech said it has received a Good Manufacturing Practices certification from the Natural Products Association, which regulates retailers and manufacturers in the United States.
credited by: bizjournals.com
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