Cybin Inc. (OTCMKTS:CLXPF – Get Free Report) shares shot up 5.7% during mid-day trading on Friday . The company traded as high as $6.00 and last traded at $5.95. 644,862 shares were traded during trading, an increase of 17% from the average session volume of 551,962 shares. The stock had previously closed at $5.63.
Cybin Trading Up 5.7%
The business has a fifty day moving average of $6.17 and a 200-day moving average of $7.01. The firm has a market cap of $884.16 million and a PE ratio of -42.50.
About Cybin
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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