Cybin (OTCMKTS:CLXPF) Hits New 52-Week High – Here’s What Happened

Cybin Inc. (OTCMKTS:CLXPFGet Free Report) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $9.84 and last traded at $9.82, with a volume of 111505 shares trading hands. The stock had previously closed at $9.78.

Cybin Price Performance

The stock has a market capitalization of $1.44 billion and a price-to-earnings ratio of -40.33. The firm’s fifty day moving average is $3.52 and its 200-day moving average is $1.45.

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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