Cybin (OTCMKTS:CLXPF) Stock Price Up 2.2% – Time to Buy?

Shares of Cybin Inc. (OTCMKTS:CLXPFGet Free Report) were up 2.2% during mid-day trading on Tuesday . The company traded as high as $6.00 and last traded at $5.99. Approximately 594,425 shares were traded during trading, an increase of 8% from the average daily volume of 551,962 shares. The stock had previously closed at $5.86.

Cybin Trading Up 2.2%

The stock has a 50 day moving average of $6.90 and a 200-day moving average of $7.17. The stock has a market capitalization of $890.10 million and a P/E ratio of -24.96.

Cybin Company Profile

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Cybin Inc, a life sciences company, focuses on developing psychedelic therapeutics to treat various psychiatric and neurological conditions. The company operates through two segments, Serenity Life and Natures Journey. The Serenity Life segment engages in the research and development of pharmaceutical and nutraceutical psilocybin products.

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