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Cybin (OTCMKTS:CLXPF) Trading Down 5.1% - Should You Sell?

Cybin logo with Medical background

Cybin Inc. (OTCMKTS:CLXPF - Get Free Report) was down 5.1% during mid-day trading on Tuesday . The stock traded as low as $8.33 and last traded at $8.45. Approximately 324,287 shares were traded during trading, a decline of 41% from the average daily volume of 551,962 shares. The stock had previously closed at $8.90.

Cybin Stock Performance

The stock has a fifty day moving average price of $7.04 and a 200-day moving average price of $8.31. The firm has a market capitalization of $1.29 billion and a PE ratio of -36.29.

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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