Cybin (OTCMKTS:CLXPF) Reaches New 12-Month High – Time to Buy?

Cybin Inc. (OTCMKTS:CLXPFGet Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $11.47 and last traded at $11.00, with a volume of 650688 shares trading hands. The stock had previously closed at $10.50.

Cybin Stock Up 4.8 %

The company has a market cap of $1.63 billion and a P/E ratio of -43.75. The business has a fifty day moving average of $7.87 and a 200 day moving average of $2.95.

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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