Cybin Inc (AMEX:CYBN) price on Wednesday, May 09, rose 0.27% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.37.
A look at the stock’s price movement, the close in the last trading session was $0.37. Turning to its 52-week performance, $0.74 and $0.21 were the 52-week high and 52-week low respectively. Overall, CYBN moved -12.96% over the past month.
Cybin Inc’s market cap currently stands at around $281.22 million.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CYBN is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
CYBN’s current price about 1.89% and -4.45% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 49.00, while 7-day volatility ratio is 3.95% and 5.06% in the 30-day chart. Further, Cybin Inc (CYBN) has a beta value of 0, and an average true range (ATR) of 0.02.
If we refocus on Cybin Inc (AMEX:CYBN), historical trading data shows that trading volumes averaged 5.30 million over the past 3 months. The company’s latest data on shares outstanding shows there are 760.05 million shares.
The 15.32% of Cybin Inc’s shares are in the hands of company insiders while institutional holders own 24.07% of the company’s shares. Current price change has pushed the stock -9.76% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CYBN stock continues to rise going into the next quarter.