rts logo

Is Cybin Inc (CYBN) a good stock to buy now?

Cybin Inc (AMEX: CYBN) is 3.44% higher on its value in year-to-date trading and has touched a low of $0.21 and a high of $0.74 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CYBN stock was last observed hovering at around $0.41 in the last trading session, with the day’s gains setting it 0.01%.

Currently trading at $0.42, the stock is 5.38% and 12.98% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.73 million and changing 2.56% at the moment leaves the stock 2.92% off its SMA200. CYBN registered 11.61% gain for a year compared to 6-month loss of -13.17%. The firm has a 200-day simple moving average (SMA200) of -$4.44.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The stock witnessed a 21.87% gain in the last 1 month and extending the period to 3 months gives it a 4.98%, and is 1.61% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.26% over the week and 9.29% over the month.

Distance from 52-week low is 101.95% and -42.53% from its 52-week high. The company has generated returns on investments over the last 12 months (-56.64%).

Cybin Inc quarterly earnings per share for the current quarter are estimated at -$0.04.The EPS is expected to grow by 13.05% this year.

Cybin Inc (CYBN) Top Institutional Holders

93 institutions hold shares in Cybin Inc (CYBN), with institutional investors hold 24.79% of the company’s shares. The shares outstanding are 416.16M, and float is at 348.10M with Short Float at 2.68%. Institutions hold 23.14% of the Float.

The top institutional shareholder in the company is AdvisorShares Investments, LLC with over 2.16 million shares valued at $0.82 million. The investor’s holdings represent 0.84% of the CYBN Shares outstanding. As of Jun 29, 2023, the second largest holder is Simplify Asset Management, Inc. with 0.5 million shares valued at $0.19 million to account for 0.19% of the shares outstanding. The other top investors are InterOcean Capital Group, LLC which holds 100000.0 shares representing 0.04% and valued at over $37800.0, while Cerity Partners LLC holds 0.03% of the shares totaling 69500.0 with a market value of $26271.0.

Related Posts