A new trading day began on Friday, with Cybin Inc (AMEX: CYBN) stock price down -0.23% from the previous day of trading, before settling in for the closing price of $0.26. CYBN’s price has ranged from $0.24 to $0.74 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales drop of Healthcare Sector giant was -20.00%. Meanwhile, its annual earnings per share averaged 39.83%. With a float of $695.84 million, this company’s outstanding shares have now reached $759.69 million.
In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
Cybin Inc (CYBN) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Cybin Inc is 8.45%, while institutional ownership is 42.04%.
Cybin Inc (CYBN) Earnings and Forecasts
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.05 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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 39.83% per share during the next fiscal year.
Cybin Inc (AMEX: CYBN) Trading Performance Indicators
Here are Cybin Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 41.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.14, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach -0.13 in one year’s time.
Technical Analysis of Cybin Inc (CYBN)
Looking closely at Cybin Inc (AMEX: CYBN), its last 5-days average volume was 6.1 million, which is a jump from its year-to-date volume of 4.75 million. As of the previous 9 days, the stock’s Stochastic%D was 73.12%. Additionally, its Average True Range was 0.02.
During the past 100 days, Cybin Inc’s (CYBN) raw stochastic average was set at 10.44%, which indicates a significant decrease from 49.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.46% in the past 14 days, which was lower than the 49.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.2787, while its 200-day Moving Average is $0.3683. However, in the short run, Cybin Inc’s stock first resistance to watch stands at $0.2703. Second resistance stands at $0.2767. The third major resistance level sits at $0.2893. If the price goes on to break the first support level at $0.2513, it is likely to go to the next support level at $0.2387. Should the price break the second support level, the third support level stands at $0.2323.
Cybin Inc (AMEX: CYBN) Key Stats
With a market capitalization of 200.65 million, the company has a total of 410,855K Shares Outstanding. Currently, annual sales are 0 K while annual income is -57,880 K. The company’s previous quarter sales were 0 K while its latest quarter income was -10,830 K.
