Cybin Inc. (NYSEAMERICAN:CYBN - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 81,682 shares traded hands during mid-day trading, a decline of 39% from the previous session's volume of 134,133 shares.The stock last traded at $9.37 and had previously closed at $9.18.
Cybin Stock Up 4.9 %
The stock has a market cap of $3.96 billion, a PE ratio of -45.86 and a beta of 0.50.
Cybin (NYSEAMERICAN:CYBN - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported ($0.01) earnings per share for the quarter. Analysts forecast that Cybin Inc. will post -0.22 EPS for the current fiscal year.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Cybin stock. Rathbones Group PLC bought a new stake in shares of Cybin Inc. (NYSEAMERICAN:CYBN - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 65,381 shares of the company's stock, valued at approximately $26,000. Institutional investors own 17.94% of the company's stock.
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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