Cybin (OTCMKTS:CLXPF) Sets New 12-Month High – Still a Buy?

Shares of Cybin Inc. (OTCMKTS:CLXPFGet Free Report) hit a new 52-week high on Thursday . The company traded as high as $10.68 and last traded at $10.64, with a volume of 190002 shares. The stock had previously closed at $10.43.

Cybin Price Performance

The stock has a market cap of $1.60 billion and a PE ratio of -45.00. The company has a 50-day simple moving average of $10.27 and a 200-day simple moving average of $4.13.

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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