Cybin Inc. (OTCMKTS:CYBN – Get Free Report)’s stock price shot up 0.5% on Monday . The stock traded as high as $7.33 and last traded at $7.33. 220,908 shares were traded during mid-day trading, a decline of 25% from the average session volume of 294,872 shares. The stock had previously closed at $7.29.
Cybin Price Performance
The business’s 50 day moving average is $9.07 and its two-hundred day moving average is $8.47. The firm has a market capitalization of $157.64 million, a PE ratio of -38.63 and a beta of 0.50.
About Cybin
Cybin Inc, a clinical-stage biopharmaceutical company, focuses on developing psychedelic-based therapeutics. The company's development pipeline includes CYB003, a deuterated psilocybin analog, which is in Phase 1/2a clinical trial to treat major depressive and alcohol use disorders; CYB004, a deuterated dimethyltryptamine, which is in Phase 1 clinical trial for treating generalized anxiety disorders; and CYB005, a phenethylamine derivative, which in preclinical stage to treat neuroinflammation.
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