Cybin Inc (AMEX: CYBN) on November 20, 2023, started off the session at the price of $0.46, soaring 0.33% from the previous trading day. During the day, the shares moved up to $0.46 and dropped to $0.45 before settling in for the closing price of $0.45. Within the past 52 weeks, CYBN’s price has moved between $0.21 and $0.74.
Over the past five-year period, the drop rate of yearbook sales for the company of the Healthcare sector was -20.00%. The company achieved an average annual earnings per share of 32.84%. With a float of $186.86 million, this company’s outstanding shares have now reached $195.33 million.
Cybin Inc (CYBN) Breakdown of a Key Holders of the stock
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Cybin Inc is 22.97%, while institutional ownership is 10.98%.
Cybin Inc (CYBN) Recent Fiscal highlights
As on 9/29/2023, Multinational firm has announced its last quarter scores, in which it reported -$0.05 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.05) by $0. This company achieved a return on equity of -76.36. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 32.84% per share during the next fiscal year.
Cybin Inc (AMEX: CYBN) Trading Performance Indicators
Cybin Inc (CYBN) is currently performing well based on its current performance indicators. A quick ratio of 2.89 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.18, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach -0.11 in one year’s time.
Technical Analysis of Cybin Inc (CYBN)
Compared to the last year’s volume of 2.8 million, its volume of 3.61 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 31.23%. Additionally, its Average True Range was 0.05.
During the past 100 days, Cybin Inc’s (CYBN) raw stochastic average was set at 38.12%, which indicates a significant increase from 20.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 96.35% in the past 14 days, which was lower than the 112.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.5152, while its 200-day Moving Average is $0.4002. Nevertheless, the first resistance level for the watch stands at $0.4593 in the near term. At $0.4671, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.4742. If the price goes on to break the first support level at $0.4444, it is likely to go to the next support level at $0.4373. Now, if the price goes above the second support level, the third support stands at $0.4295.
Cybin Inc (AMEX: CYBN) Key Stats
Market capitalization of the company is 109.53 million based on 256,749K outstanding shares. Right now, sales total 0 K and income totals -35,930 K. The company made 0 K in profit during its latest quarter, and -10,800 K in sales during its previous quarter.