Investors Are Waking Up To Cybin Inc (AMEX: CYBN) After Losing -16.18% Over The Past 12 Months

Cybin Inc (AMEX:CYBN) currently has a daily average trading volume of 4.97M but it saw 23076304 shares traded in last market. With a market cap of 200.88M USD, the company’s current market price of $0.26 came falling about -0.64 while comparing to the previous closing price of $0.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $0.74 and as low as $0.24. In the recent trading on the day, stock has struck highest price mark of $0.23 while lowest mark touched by it was $0.2643.

Taking a look at 20-day trading activity of Cybin Inc (CYBN) gives us an average price of $0.2663, while its current price level is -64.19% below from 52-week high level whereas it is 10.12% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.2749 while that of 200 days or SMA-200 reads an average of $0.3562. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.98% during that period while stretching the period over a month that increases to 6.02%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 40.43 which implies that the stock is in neutral territory.

Over the week, CYBN’s stock price is moving -0.08% down while it is -3.19% when we observe its performance for the past one month. Year-to-date it is -35.54% down and over the past year, the stock is showing a downside performance of -16.18%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.05 beat the consensus estimate of -0.05 for the same. The company is expected to be releasing its next quarterly report on 2024-Aug-08, for which analysts forecasted an EPS of -0.03 while estimate for next year EPS is -0.1.

Currently, Cybin Inc’s total number of outstanding shares is 759.69M with 6.92% of that held by the insiders while 38.28% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -28.26% and return on equity (ROE) at -49.29%. Stock has a price to book (P/B) ratio of 0.96. Its return on asset (ROA) is -47.66% on average.