On Friday, Cybin Inc (AMEX: CYBN) was 12.54% up from the session before settling in for the closing price of $5.98. A 52-week range for CYBN has been $4.81 – $13.88.
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A company in the Healthcare sector has dropped its sales by -232.48% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 4.90%. With a float of $21.70 million, this company’s outstanding shares have now reached $23.02 million.
Cybin Inc (CYBN) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cybin Inc stocks. The insider ownership of Cybin Inc is 8.04%, while institutional ownership is 32.08%.
Cybin Inc (CYBN) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -2.86 earnings per share (EPS) during the time that was less than consensus figure (set at -0.91) by -1.95. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.36 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 4.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.98% during the next five years compared to -232.48% drop over the previous five years of trading.
Cybin Inc (AMEX: CYBN) Trading Performance Indicators
You can see what Cybin Inc (CYBN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 9.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.59, a number that is poised to hit -0.97 in the next quarter and is forecasted to reach -3.66 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 1.07 million. That was better than the volume of 0.35 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 20.77%.
During the past 100 days, Cybin Inc’s (CYBN) raw stochastic average was set at 22.89%, which indicates a significant decrease from 44.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.51 in the past 14 days, which was higher than the 0.50 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.51, while its 200-day Moving Average is $8.17. However, in the short run, Cybin Inc’s stock first resistance to watch stands at $6.99. Second resistance stands at $7.25. The third major resistance level sits at $7.77. If the price goes on to break the first support level at $6.21, it is likely to go to the next support level at $5.69. Assuming the price breaks the second support level, the third support level stands at $5.43.
Cybin Inc (AMEX: CYBN) Key Stats
There are 23,590K outstanding shares of the company, which has a market capitalization of 158.83 million. As of now, sales total 0 K while income totals -81,310 K. Its latest quarter income was 0 K while its last quarter net income were -24,610 K.
