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Cybin (OTCMKTS:CLXPF) Trading Up 0.4% - Still a Buy?

Cybin logo with Medical background

Key Points

  • Cybin Inc. stock increased by 0.4% during mid-day trading, closing at $7.76 after trading as high as $8.00.
  • The company's market cap is approximately $1.19 billion with a price-to-earnings ratio of -33.29.
  • Cybin focuses on developing psychedelic therapeutics for psychiatric and neurological conditions through its Serenity Life and Natures Journey segments.
  • MarketBeat previews top five stocks to own in September.

Cybin Inc. (OTCMKTS:CLXPF - Get Free Report) shares shot up 0.4% during mid-day trading on Thursday . The stock traded as high as $8.00 and last traded at $7.76. 428,944 shares were traded during trading, a decline of 22% from the average session volume of 551,962 shares. The stock had previously closed at $7.73.

Cybin Trading Down 0.6%

The firm has a market cap of $1.19 billion and a price-to-earnings ratio of -33.29. The stock has a fifty day moving average price of $7.96 and a 200 day moving average price of $7.85.

About Cybin

(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.

Further Reading

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