Market News

Thor Industries, Inc. (THO) Reaches $104.31 After 8.00% Up Move; Cyanotech Has 7 Sentiment

Cyanotech Corporation (NASDAQ:CYAN) Logo

Cyanotech Corp (CYAN) investors sentiment increased to 7 in 2018 Q1. It’s up 6.00, from 1 in 2017Q4. The ratio is positive, as 7 institutional investors started new or increased equity positions, while 1 sold and reduced their positions in Cyanotech Corp. The institutional investors in our database reported: 1.91 million shares, up from 930,630 shares in 2017Q4. Also, the number of institutional investors holding Cyanotech Corp in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 0 Reduced: 1 Increased: 4 New Position: 3.

The stock of Thor Industries, Inc. (NYSE:THO) is a huge mover today! The stock increased 6.05% or $5.95 during the last trading session, reaching $104.31. About 841,313 shares traded. Thor Industries, Inc. (NYSE:THO) has risen 3.20% since June 20, 2017 and is uptrending. It has underperformed by 9.37% the S&P500. Some Historical THO News: ; 19/03/2018 – Thor Mining 1H Pretax Loss Widens; Kapunda Resource Analysis Positive; 07/03/2018 – THOR INDUSTRIES INC – QTR END CONSOLIDATED RV BACKLOG UP 33.9% TO $2.80 BLN; 28/03/2018 – THOR MINING PLC – PURCHASE AGREEMENT – BONYA TUNGSTEN & COPPER PROSPECTS; 10/04/2018 – Thor Industries Management Roadshow Set By CL King for Apr. 17; 29/03/2018 – THOR EXPLORATIONS ANNOUNCES CLOSING OF PRIVATE PLACEMENT AND GRANT OF BOARD AND MANAGEMENT OPTIONS; 22/05/2018 – ASX ALERT-DRILLING APPROVAL GRANTED FOR CU-PB-ZN TARGET AT THOR, WA-VMS.AX; 08/03/2018 – THOR MINING: TO FOCUS ON TUNGSTEN AND COPPER INTERESTS; 28/03/2018 – THOR MINING TO BUY BONYA TUNGSTEN & COPPER PROSPECTS FROM ROX; 28/03/2018 – THOR MINING – ACQUIRE 40% INTEREST IN EXPLORATION LICENCE EL29701 WHICH HOSTS 13 OUTCROPPING TUNGSTEN DEPOSITS, PLUS 1 COPPER DEPOSIT WITH PREVIOUS DRILLING RESULT; 29/03/2018 – THOR MINING PLC THRL.L – UPDATE ON COMPANY’S INTEREST IN USA LITHIUM PTY LTDThe move comes after 9 months positive chart setup for the $5.50B company. It was reported on Jun, 20 by Barchart.com. We have $112.65 PT which if reached, will make NYSE:THO worth $439.76M more.

Coastline Trust Co holds 0.06% of its portfolio in Cyanotech Corporation for 82,400 shares. Finemark National Bank & Trust owns 102,132 shares or 0.03% of their US portfolio. Moreover, Acadian Asset Management Llc has 0% invested in the company for 5,577 shares. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. Blackrock Inc., a New York-based fund reported 11,574 shares.

Cyanotech Corporation engages in the cultivation, production, and sale of natural products derived from microalgae for the health and human nutrition market worldwide. The company has market cap of $23.30 million. The companyÂ’s products include Hawaiian Spirulina Pacifica, a nutrient-rich dietary supplement that is used for extra energy, a strengthened immune system, cardiovascular benefits, and as a source of antioxidant carotenoids; and Hawaiian BioAstin natural astaxanthin, a dietary antioxidant, which is used as a human nutraceutical and functional food ingredient to support and maintain the bodyÂ’s natural inflammatory response, enhance skin, and support eye and joint health. It has a 22.5 P/E ratio. Cyanotech Corporation sells its products in bulk quantities to manufacturers, formulators, and distributors in the health foods and nutritional supplements markets; and as packaged consumer products to distributors, retailers, and direct consumers.

More recent Cyanotech Corporation (NASDAQ:CYAN) news were published by: Bizjournals.com which released: “Cyanotech reports $1M net income for fiscal year 2018” on June 18, 2018. Also Bizjournals.com published the news titled: “Hawaii-based Cyanotech reports net income of $1.1M for Q3” on June 18, 2018. Businesswire.com‘s news article titled: “Cyanotech Reports Financial Results for the Fourth Quarter and Fiscal Year 2018” with publication date: June 15, 2018 was also an interesting one.

The stock increased 1.25% or $0.05 during the last trading session, reaching $4.05. About 726 shares traded. Cyanotech Corporation (CYAN) has risen 1.86% since June 20, 2017 and is uptrending. It has underperformed by 10.71% the S&P500. Some Historical CYAN News: ; 22/04/2018 – DJ Cyanotech Corporation, Inst Holders, 1Q 2018 (CYAN); 13/04/2018 – CYANOTECH CORP – DURING RE-INOCULATION PROCESS, WHICH CO EXPECTS TO BE COMPLETED BY MID-MAY, CO WILL NOT BE ABLE TO HARVEST ANY NEW SPIRULINA; 13/04/2018 CYANOTECH CORP – UNDERTAKEN RE-INOCULATION OF SPIRULINA PONDS WHICH CO BELIEVE WILL ALLOW TO CORRECT NUTRIENT LEVELS & STABILIZE PRODUCTION

Among 14 analysts covering Thor Industries Inc (NYSE:THO), 10 have Buy rating, 0 Sell and 4 Hold. Therefore 71% are positive. Thor Industries Inc has $217.0 highest and $60 lowest target. $132.60’s average target is 27.12% above currents $104.31 stock price. Thor Industries Inc had 41 analyst reports since September 29, 2015 according to SRatingsIntel. Sidoti initiated it with “Buy” rating and $13300 target in Friday, August 11 report. The stock has “Hold” rating by Stifel Nicolaus on Friday, February 9. On Friday, July 29 the stock rating was upgraded by Suntrust Robinson to “Buy”. The firm earned “Outperform” rating on Thursday, September 28 by Robert W. Baird. As per Thursday, March 8, the company rating was maintained by Stifel Nicolaus. As per Wednesday, September 28, the company rating was upgraded by Wellington Shields. The firm earned “Outperform” rating on Tuesday, September 29 by BMO Capital Markets. The firm has “Hold” rating by Stifel Nicolaus given on Tuesday, August 15. Citigroup maintained Thor Industries, Inc. (NYSE:THO) on Friday, October 2 with “Buy” rating. The firm has “Market Perform” rating by BMO Capital Markets given on Wednesday, June 8.

Investors sentiment decreased to 0.96 in 2018 Q1. Its down 0.20, from 1.16 in 2017Q4. It fall, as 68 investors sold Thor Industries, Inc. shares while 139 reduced holdings. 58 funds opened positions while 141 raised stakes. 45.19 million shares or 4.78% more from 43.13 million shares in 2017Q4 were reported. 1St Source National Bank has 17,636 shares for 0.17% of their portfolio. New York-based Fred Alger Mngmt Inc has invested 0.01% in Thor Industries, Inc. (NYSE:THO). Cibc holds 0% or 9,747 shares. Vident Investment Advisory Limited Liability invested 0.11% of its portfolio in Thor Industries, Inc. (NYSE:THO). Central Fincl Bank And Trust stated it has 37 shares. Moreover, Boston Advisors Ltd Liability Corp has 0.01% invested in Thor Industries, Inc. (NYSE:THO). Convergence Invest Prtn Ltd Limited Liability Company invested in 0% or 190 shares. Hall Laurie J Trustee has invested 0.01% of its portfolio in Thor Industries, Inc. (NYSE:THO). Growth Management Lp holds 355,000 shares or 1.81% of its portfolio. Fmr Ltd Llc, Massachusetts-based fund reported 463,107 shares. Counselors has invested 0.1% in Thor Industries, Inc. (NYSE:THO). Wellington Mngmt Group Incorporated Ltd Liability Partnership holds 0% or 49,085 shares in its portfolio. Bluemountain Management Limited owns 74,930 shares or 0.2% of their US portfolio. Grantham Mayo Van Otterloo And Com Lc reported 0% stake. Biltmore Wealth Mngmt Ltd Limited Liability Company owns 7,150 shares for 0.78% of their portfolio.

More notable recent Thor Industries, Inc. (NYSE:THO) news were published by: Seekingalpha.com which released: “Game Plan For The Week – Cramer’s Mad Money (6/15/18)” on June 18, 2018, also Businesswire.com with their article: “Thor Announces Regular Quarterly Dividend” published on June 18, 2018, Seekingalpha.com published: “Camping World leads RV names higher” on June 06, 2018. More interesting news about Thor Industries, Inc. (NYSE:THO) were released by: Seekingalpha.com and their article: “Should Value Investors Take A Road Trip With RV Makers?” published on May 23, 2018 as well as Seekingalpha.com‘s news article titled: “Thor Industries -7% after disappointing quarter, warning on tariffs” with publication date: June 06, 2018.

Cyanotech Corporation (NASDAQ:CYAN) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *