Cybin Inc (AMEX: CYBN) kicked off on Tuesday, down -5.60% from the previous trading day, before settling in for the closing price of $6.43. Over the past 52 weeks, CYBN has traded in a range of $4.81-$13.88.
Healthcare Sector giant saw their annual sales slid by -232.48% over the last five years. While this was happening, its average annual earnings per share was recorded 4.90%. With a float of $21.68 million, this company’s outstanding shares have now reached $23.02 million.
Cybin Inc (CYBN) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Cybin Inc is 8.11%, while institutional ownership is 32.40%.
Cybin Inc (CYBN) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -2.86 earnings per share (EPS), lower than consensus estimate (set at -0.91) by -1.95. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.41 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
Take a look at Cybin Inc’s (CYBN) current performance indicators. Last quarter, stock had 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)
Analysing the last 5-days average volume posted by the [Cybin Inc, CYBN], we can find that recorded value of 1.0 million was better than the volume posted last year of 0.39 million. As of the previous 9 days, the stock’s Stochastic %D was 52.01%.
During the past 100 days, Cybin Inc’s (CYBN) raw stochastic average was set at 8.52%, which indicates a significant decrease from 38.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.34 in the past 14 days, which was lower than the 0.46 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.70, while its 200-day Moving Average is $7.69. Now, the first resistance to watch is $6.34. This is followed by the second major resistance level at $6.60. The third major resistance level sits at $6.81. If the price goes on to break the first support level at $5.87, it is likely to go to the next support level at $5.66. Should the price break the second support level, the third support level stands at $5.40.
Cybin Inc (AMEX: CYBN) Key Stats
The company with the Market Capitalisation of 143.25 million has total of 25,188K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -81,310 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -24,610 K.
