Cybin Inc (AMEX: CYBN) on Monday, soared 4.44% from the previous trading day, before settling in for the closing price of $8.34. Within the past 52 weeks, CYBN’s price has moved between $4.81 and $10.73.
A company in the Healthcare sector has dropped its sales by -232.48% annually for the last half of the decade. The company achieved an average annual earnings per share of 24.84%. With a float of $44.31 million, this company’s outstanding shares have now reached $49.89 million.
Cybin Inc (CYBN) Insider and Institutional Ownership
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Cybin Inc is 11.18%, while institutional ownership is 21.69%.
Cybin Inc (CYBN) Latest Financial update
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported -0.53 earnings per share (EPS) for the period topping the consensus outlook (set at -1.57) by 1.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.79 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 24.84% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.80% during the next five years compared to -232.48% drop over the previous five years of trading.
Cybin Inc (AMEX: CYBN) Trading Performance Indicators
Cybin Inc (CYBN) is currently performing well based on its current performance indicators. A quick ratio of 8.58 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.89, a number that is poised to hit -0.58 in the next quarter and is forecasted to reach -2.33 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 1.18 million. That was better than the volume of 0.5 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 96.90%.
During the past 100 days, Cybin Inc’s (CYBN) raw stochastic average was set at 99.07%, which indicates a significant increase from 99.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.47 in the past 14 days, which was higher than the 0.39 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.43, while its 200-day Moving Average is $6.93. However, in the short run, Cybin Inc’s stock first resistance to watch stands at $8.88. Second resistance stands at $9.04. The third major resistance level sits at $9.34. If the price goes on to break the first support level at $8.41, it is likely to go to the next support level at $8.11. The third support level lies at $7.94 if the price breaches the second support level.
Cybin Inc (AMEX: CYBN) Key Stats
Market capitalization of the company is 434.54 million based on 25,188K outstanding shares. Right now, sales total 0 K and income totals -81,310 K. The company made 0 K in profit during its latest quarter, and -33,720 K in sales during its previous quarter.
