Cybin Inc. (OTCMKTS:CYBN - Get Free Report)'s share price shot up 1.8% during mid-day trading on Thursday . The company traded as high as $10.40 and last traded at $10.19. 266,856 shares were traded during trading, an increase of 32% from the average session volume of 201,422 shares. The stock had previously closed at $10.01.
Cybin Price Performance
The firm has a market cap of $203.72 million, a PE ratio of -53.63 and a beta of 0.44. The stock's fifty day moving average price is $9.85 and its 200-day moving average price is $6.39.
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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