Cybin (OTCMKTS:CLXPF) Trading 5.4% Higher – Time to Buy?

Cybin Inc. (OTCMKTS:CLXPFGet Free Report)’s stock price rose 5.4% on Tuesday . The company traded as high as $10.65 and last traded at $10.65. Approximately 206,199 shares changed hands during mid-day trading, a decline of 63% from the average daily volume of 551,962 shares. The stock had previously closed at $10.10.

Cybin Price Performance

The business’s 50-day moving average price is $10.18 and its two-hundred day moving average price is $5.64. The firm has a market cap of $1.58 billion and a price-to-earnings ratio of -44.38.

Cybin Company Profile

(Get Free Report)

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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