Cybin (OTCMKTS:CLXPF) Reaches New 52-Week High – Here’s Why

Shares of Cybin Inc. (OTCMKTS:CLXPFGet Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as $9.95 and last traded at $9.47, with a volume of 182862 shares traded. The stock had previously closed at $9.91.

Cybin Price Performance

The stock’s 50-day moving average price is $10.45 and its 200 day moving average price is $4.74. The firm has a market capitalization of $1.41 billion and a PE ratio of -39.42.

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.

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