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Cybin (OTCMKTS:CLXPF) Stock Price Up 7.3% - Here's What Happened

Cybin logo with Medical background

Cybin Inc. (OTCMKTS:CLXPF - Get Free Report)'s share price rose 7.3% on Wednesday . The stock traded as high as $9.83 and last traded at $9.00. Approximately 1,153,557 shares changed hands during trading, an increase of 109% from the average daily volume of 551,962 shares. The stock had previously closed at $8.39.

Cybin Price Performance

The firm has a 50-day simple moving average of $7.60 and a two-hundred day simple moving average of $8.04. The company has a market cap of $1.18 billion and a PE ratio of -33.08.

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.

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