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Cybin (OTCMKTS:CLXPF) Trading Down 5.1% - Time to Sell?

Cybin logo with Medical background

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

Cybin Price Performance

The firm has a 50 day moving average of $7.17 and a two-hundred day moving average of $8.29. The stock has a market cap of $1.24 billion and a PE ratio of -34.79.

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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