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

Cybin Inc. (OTCMKTS:CLXPFGet Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $11.47 and last traded at $11.00, with a volume of 650688 shares. The stock had previously closed at $10.50.

Cybin Price Performance

The stock has a market cap of $1.72 billion and a price-to-earnings ratio of -48.33. The stock’s 50-day moving average is $8.29 and its 200-day moving average is $3.07.

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.

Further Reading

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