Cybin (OTCMKTS:CLXPF) Sets New 52-Week High – Still a Buy?

Cybin Inc. (OTCMKTS:CLXPFGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $10.90 and last traded at $10.71, with a volume of 278832 shares traded. The stock had previously closed at $10.64.

Cybin Stock Up 0.7 %

The stock’s 50-day moving average price is $9.55 and its 200 day moving average price is $3.55. The firm has a market cap of $1.59 billion and a price-to-earnings ratio of -44.33.

Cybin Company Profile

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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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