The stock of Cybin Inc. (AMEX:CYBN) last traded at $0.44, down -4.35% from the previous session.
Data from the available sources indicates that Cybin Inc. (AMEX:CYBN) is covered by 6 analysts. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $10.00 and a low of $0.74, we find $3.50. Given the previous closing price of $0.46, this indicates a potential upside of 660.87 percent. CYBN stock price is now 23.30% away from the 50-day moving average and 20.87% away from the 200-day moving average. The market capitalization of the company currently stands at $134.53M.
In total, 0 analysts have assigned it a hold rating, and 6 have given it a buy rating. Brokers who have rated the stock have averaged $4.17 as their price target over the next twelve months.
A total of 21.99% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in CYBN stock. A new stake in Cybin Inc. shares was purchased by FNY INVESTMENT ADVISERS, LLC during the first quarter worth $62,000. INTEROCEAN CAPITAL GROUP, LLC invested $44,000 in shares of CYBN during the first quarter. In the first quarter, LPL FINANCIAL LLC acquired a new stake in Cybin Inc. valued at approximately $12,000. MARIETTA WEALTH MANAGEMENT, LLC acquired a new stake in CYBN for approximately $9,000. HRT FINANCIAL LP purchased a new stake in CYBN valued at around $6,000 in the second quarter. In total, there are 72 active investors with 5.32% ownership of the company’s stock.
With an opening price of $0.4552 on Tuesday morning, Cybin Inc. (AMEX: CYBN) set off the trading day. During the past 12 months, Cybin Inc. has had a low of $0.21 and a high of $0.70. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 2.60, and a quick ratio of 2.60. The fifty day moving average price for CYBN is $0.3564 and a two-hundred day moving average price translates $0.3644 for the stock.
The latest earnings results from Cybin Inc. (AMEX: CYBN) was released for Jun, 2023.
