Cybin (OTCMKTS:CLXPF) Hits New 1-Year High – What’s Next?

Shares of Cybin Inc. (OTCMKTS:CLXPFGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $11.52 and last traded at $11.40, with a volume of 395431 shares trading hands. The stock had previously closed at $9.94.

Cybin Trading Up 14.7 %

The company’s 50-day moving average is $6.79 and its 200 day moving average is $2.57. The firm has a market cap of $1.69 billion and a PE ratio of -41.42.

About Cybin

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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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