Cybin Inc (AMEX: CYBN) on Monday, plunged -7.30% from the previous trading day, before settling in for the closing price of $7.26. Within the past 52 weeks, CYBN’s price has moved between $4.81 and $13.88.
Annual sales at Healthcare sector company slipped by -232.48% over the past five years. The company achieved an average annual earnings per share of 4.90%. With a float of $21.68 million, this company’s outstanding shares have now reached $23.02 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 8.11%, while institutional ownership is 30.27%.
Cybin Inc (CYBN) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -2.86 earnings per share (EPS) for the period falling under the consensus outlook (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 9.95% 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 9.87 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.59, a number that is poised to hit -0.96 in the next quarter and is forecasted to reach -3.71 in one year’s time.
Technical Analysis of Cybin Inc (CYBN)
Cybin Inc (AMEX: CYBN) saw its 5-day average volume 2.29 million, a positive change from its year-to-date volume of 0.44 million. As of the previous 9 days, the stock’s Stochastic %D was 58.81%.
During the past 100 days, Cybin Inc’s (CYBN) raw stochastic average was set at 24.76%, which indicates a significant decrease from 44.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.46 in the past 14 days, which was higher than the 0.43 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.36, while its 200-day Moving Average is $7.41. Nevertheless, the first resistance level for the watch stands at $7.28 in the near term. At $7.84, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.24. If the price goes on to break the first support level at $6.33, it is likely to go to the next support level at $5.93. The third support level lies at $5.37 if the price breaches the second support level.
Cybin Inc (AMEX: CYBN) Key Stats
Market capitalization of the company is 158.83 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 -24,610 K in sales during its previous quarter.
