Cybin (OTCMKTS:CLXPF) Sets New 52-Week High – Time to Buy?

Cybin Inc. (OTCMKTS:CLXPFGet Free Report)’s share price reached a new 52-week high on Thursday . The company traded as high as $8.95 and last traded at $8.84, with a volume of 79433 shares trading hands. The stock had previously closed at $8.90.

Cybin Stock Performance

The company has a market cap of $1.31 billion and a price-to-earnings ratio of -37.08. The firm has a fifty day moving average price of $2.08 and a 200 day moving average price of $0.94.

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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