Shares of Cybin Inc. (OTCMKTS:CLXPF - Get Free Report) shot up 7.3% during mid-day trading on Wednesday . The stock traded as high as $9.83 and last traded at $9.00. 1,153,557 shares were traded during mid-day trading, an increase of 109% from the average session volume of 551,962 shares. The stock had previously closed at $8.39.
Cybin Trading Down 18.0%
The stock has a market capitalization of $1.10 billion and a price-to-earnings ratio of -30.75. The company has a fifty day moving average of $7.58 and a two-hundred day moving average of $8.08.
About Cybin
(
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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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