Cybin Inc. (AMEX:CYBN) went down by -8.44% from its latest closing price compared to the recent 1-year high of $1.16. The company’s stock price has collected -20.56% of loss in the last five trading sessions.
Is It Worth Investing in Cybin Inc. (AMEX :CYBN) Right Now?
Opinions of the stock are interesting as 6 analysts out of 6 who provided ratings for Cybin Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $4.57. CYBN currently public float of 147.76M and currently shorts hold a 1.92% ratio of that float. Today, the average trading volume of CYBN was 1.26M shares.
CYBN’s Market Performance
CYBN stocks went down by -20.56% for the week, with a monthly jump of 55.53% and a quarterly performance of -24.15%, while its annual performance rate touched -60.38%. The volatility ratio for the week stands at 20.95% while the volatility levels for the past 30 days are set at 15.21% for Cybin Inc. The simple moving average for the period of the last 20 days is 9.63% for CYBN stocks with a simple moving average of -29.73% for the last 200 days.
CYBN Trading at 7.24% from the 50-Day Moving Average
After a stumble in the market that brought CYBN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -64.48% of loss for the given period.
Volatility was left at 15.21%, however, over the last 30 days, the volatility rate increased by 20.95%, as shares surge +40.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.02% lower at present.
During the last 5 trading sessions, CYBN fell by -20.56%, which changed the moving average for the period of 200-days by -52.64% in comparison to the 20-day moving average, which settled at $0.3818. In addition, Cybin Inc. saw 38.67% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CYBN
Equity return is now at value -78.40, with -72.30 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 7.38.