On Monday, Cybin Inc (AMEX: CYBN) opened higher 8.35% from the last session, before settling in for the closing price of $9.82. Price fluctuations for CYBN have ranged from $6.50 to $21.66 over the past 52 weeks.
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A company in the Healthcare sector has dropped its sales by -20.00% annually for the last half of the decade. Company’s average yearly earnings per share was noted -1987.78% at the time writing. With a float of $18.36 million, this company’s outstanding shares have now reached $19.99 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 and Institutional Ownership
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Cybin Inc is 8.20%, while institutional ownership is 44.05%.
Cybin Inc (CYBN) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -3.42 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -1.37) by -2.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.38 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -1987.78% per share during the next fiscal year.
Cybin Inc (AMEX: CYBN) Trading Performance Indicators
Check out the current performance indicators for Cybin Inc (CYBN). In the past quarter, the stock posted a quick ratio of 24.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.98, a number that is poised to hit -0.75 in the next quarter and is forecasted to reach -4.21 in one year’s time.
Technical Analysis of Cybin Inc (CYBN)
Let’s dig in a bit further. During the last 5-days, its volume was 0.72 million. That was better than the volume of 0.19 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 16.88%. Additionally, its Average True Range was 1.15.
During the past 100 days, Cybin Inc’s (CYBN) raw stochastic average was set at 56.10%, which indicates a significant increase from 31.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 117.81% in the past 14 days, which was higher than the 68.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.08, while its 200-day Moving Average is $11.77. However, in the short run, Cybin Inc’s stock first resistance to watch stands at $11.08. Second resistance stands at $11.51. The third major resistance level sits at $12.13. If the price goes on to break the first support level at $10.03, it is likely to go to the next support level at $9.41. The third support level lies at $8.98 if the price breaches the second support level.
Cybin Inc (AMEX: CYBN) Key Stats
There are currently 19,992K shares outstanding in the company with a market cap of 2.06 million. Presently, the company’s annual sales total 0 K according to its annual income of -57,880 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -41,920 K.
