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Cybin (OTCMKTS:CLXPF) Trading 5.9% Higher - Time to Buy?

Cybin logo with Medical background

Cybin Inc. (OTCMKTS:CLXPF - Get Free Report)'s stock price rose 5.9% during trading on Thursday . The company traded as high as $6.43 and last traded at $6.26. Approximately 293,158 shares traded hands during mid-day trading, a decline of 47% from the average daily volume of 551,962 shares. The stock had previously closed at $5.91.

Cybin Stock Down 9.5 %

The company has a market capitalization of $765.28 million and a P/E ratio of -21.46. The business has a 50 day moving average of $8.01 and a 200 day moving average of $9.28.

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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