Cybin Inc. (OTCMKTS:CYBN - Get Free Report)'s share price traded down 5.7% during trading on Monday . The company traded as low as $6.20 and last traded at $6.34. 269,681 shares traded hands during mid-day trading, an increase of 3% from the average session volume of 261,761 shares. The stock had previously closed at $6.72.
Cybin Price Performance
The business's fifty day moving average price is $8.10 and its 200-day moving average price is $9.31. The stock has a market capitalization of $110.61 million, a price-to-earnings ratio of -27.11 and a beta of 0.61.
About Cybin
(
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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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