Cybin (OTCMKTS:CLXPF) Reaches New 52-Week High – Should You Buy?

Cybin Inc. (OTCMKTS:CLXPFGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $10.90 and last traded at $10.71, with a volume of 278832 shares traded. The stock had previously closed at $10.64.

Cybin Stock Performance

The stock has a 50 day moving average of $9.55 and a two-hundred day moving average of $3.55. The firm has a market capitalization of $1.59 billion and a P/E ratio of -44.33.

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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