Cybin Inc. (OTCMKTS:CLXPF – Get Free Report)’s share price was up 1.9% during mid-day trading on Wednesday . The company traded as high as $10.00 and last traded at $9.77. Approximately 167,086 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 551,962 shares. The stock had previously closed at $9.59.
Cybin Price Performance
The company has a market cap of $1.45 billion and a price-to-earnings ratio of -40.71. The business’s 50-day simple moving average is $9.79 and its 200-day simple moving average is $6.63.
About Cybin
Cybin Inc, a life sciences company, focuses on developing psychedelic therapeutics to treat various psychiatric and neurological conditions. The company operates through two segments, Serenity Life and Natures Journey. The Serenity Life segment engages in the research and development of pharmaceutical and nutraceutical psilocybin products.
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