Cybin Inc. (OTCMKTS:CYBN - Get Free Report)'s stock price fell 4.3% on Wednesday . The company traded as low as $10.20 and last traded at $10.25. 204,600 shares were traded during mid-day trading, an increase of 10% from the average session volume of 186,805 shares. The stock had previously closed at $10.71.
Cybin Trading Down 4.3 %
The firm has a market cap of $204.92 million, a price-to-earnings ratio of -1.54 and a beta of 0.38. The firm has a 50-day moving average of $10.19 and a two-hundred day moving average of $3.74.
Cybin Company Profile
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Cybin Inc, a clinical-stage biopharmaceutical company, focuses on developing psychedelic-based therapeutics. The company's development pipeline includes CYB003, a deuterated psilocybin analog, which is in Phase 1/2a clinical trial to treat major depressive and alcohol use disorders; CYB004, a deuterated dimethyltryptamine, which is in Phase 1 clinical trial for treating generalized anxiety disorders; and CYB005, a phenethylamine derivative, which in preclinical stage to treat neuroinflammation.
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