Cybin (OTCMKTS:CLXPF) Sets New 1-Year High – Here’s Why

Cybin Inc. (OTCMKTS:CLXPFGet Free Report)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $11.48 and last traded at $11.16, with a volume of 324792 shares changing hands. The stock had previously closed at $11.00.

Cybin Price Performance

The stock has a 50-day moving average price of $8.94 and a 200-day moving average price of $3.32. The firm has a market capitalization of $1.66 billion and a PE ratio of -46.50.

About Cybin

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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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