Market Momentum Report: Cybin Inc (CYBN)’s Positive Close at 0.37

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The price of Cybin Inc (AMEX: CYBN) closed at $0.37 in the last session, up 1.03% from day before closing price of $0.37. In other words, the price has increased by $1.03 from its previous closing price. On the day, 1.52 million shares were traded. CYBN stock price reached its highest trading level at $0.3738 during the session, while it also had its lowest trading level at $0.363.

Ratios:

We take a closer look at CYBN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 5.76 and its Current Ratio is at 5.76. 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 283972896 and an Enterprise Value of 113516968.

Stock Price History:

Over the past 52 weeks, CYBN has reached a high of $0.74, while it has fallen to a 52-week low of $0.21. The 50-Day Moving Average of the stock is -3.58%, while the 200-Day Moving Average is calculated to be -9.33%.

Shares Statistics:

According to the various share statistics, CYBN traded on average about 5.25M shares per day over the past 3-months and 2726190 shares per day over the past 10 days. A total of 760.05M shares are outstanding, with a floating share count of 643.65M. Insiders hold about 15.32% of the company’s shares, while institutions hold 24.07% stake in the company. Shares short for CYBN as of 1713139200 were 23463598 with a Short Ratio of 4.47, compared to 1710460800 on 23046001.

Earnings Estimates

The stock of Cybin Inc (CYBN) is currently drawing attention from 4.0 analysts actively involved in the ongoing evaluation and rating process.On average, analysts expect EPS of -$0.04 for the current quarter, with a high estimate of -$0.02 and a low estimate of -$0.06, while EPS last year was -$0.07. The consensus estimate for the next quarter is -$0.01, with high estimates of -$0.01 and low estimates of -$0.01.

Analysts are recommending an EPS of between -$0.24 and -$0.28 for the fiscal current year, implying an average EPS of -$0.26. EPS for the following year is -$0.15, with 3.0 analysts recommending between -$0.06 and -$0.25.

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