Market Insights: Cybin Inc (CYBN)’s Notable Drop of -8.62, Closing at 10.60

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As of close of business last night, Cybin Inc’s stock clocked out at $10.60, down -8.62% from its previous closing price of $11.60. In other words, the price has decreased by -$8.62 from its previous closing price. On the day, 2.96 million shares were traded. CYBN stock price reached its highest trading level at $13.88 during the session, while it also had its lowest trading level at $10.36.

Ratios:

To gain a deeper understanding of CYBN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 24.24 and its Current Ratio is at 24.24. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CYBN now has a Market Capitalization of 211914144 and an Enterprise Value of 40852516.

Stock Price History:

Over the past 52 weeks, CYBN has reached a high of $21.66, while it has fallen to a 52-week low of $6.50. The 50-Day Moving Average of the stock is 8.22%, while the 200-Day Moving Average is calculated to be -10.26%.

Shares Statistics:

It appears that CYBN traded 252.05K shares on average per day over the past three months and 555830 shares per day over the past ten days. A total of 19.99M shares are outstanding, with a floating share count of 18.36M. Insiders hold about 9.79% of the company’s shares, while institutions hold 47.16% stake in the company. Shares short for CYBN as of 1730332800 were 609729 with a Short Ratio of 2.60, compared to 1727654400 on 641827.

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