Cybin Inc (CYBN) Down -72.36% From Its 52-Week High, But Growth Potential Is Changing Over Time

Cybin Inc (AMEX:CYBN) currently has a daily average trading volume of 5.36M but it saw 3484886 shares traded in last market. With a market cap of 155.05M USD, the company’s current market price of $0.20 came rising about 2.05 while comparing to the previous closing price of $0.20. In past 52 weeks, the stock remained buoying in the range of price level as high as $0.74 and as low as $0.17. In the recent trading on the day, stock has struck highest price mark of $0.19 while lowest mark touched by it was $0.204.

Taking a look at 20-day trading activity of Cybin Inc (CYBN) gives us an average price of $0.2319, while its current price level is -72.36% below from 52-week high level whereas it is 17.31% 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 $0.2614 while that of 200 days or SMA-200 reads an average of $0.3391. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.20% during that period while stretching the period over a month that increases to 8.07%. 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 21.88 which implies that the stock is in oversold territory.

Over the week, CYBN’s stock price is moving -1.40% down while it is -23.02% when we observe its performance for the past one month. Year-to-date it is -50.24% down and over the past year, the stock is showing a downside performance of -55.65%.

Currently, Cybin Inc’s total number of outstanding shares is 759.69M. 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 0.74. Its return on asset (ROA) is -47.66% on average.