Cybin Inc (AMEX: CYBN) is -31.96% lower on its value in year-to-date trading and has touched a low of $6.50 and a high of $21.66 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CYBN stock was last observed hovering at around $11.60 in the last trading session, with the day’s loss setting it -1.0%.
Currently trading at $10.60, the stock is -1.09% and 8.22% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.96 million and changing -8.62% at the moment leaves the stock -10.26% off its SMA200. CYBN registered -37.90% loss for a year compared to 6-month loss of -20.53%. The firm has a 50-day simple moving average (SMA 50) of $9.73968 and a 200-day simple moving average (SMA200) of $11.82776.
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The stock witnessed a -7.10% gain in the last 1 month and extending the period to 3 months gives it a 5.66%, and is -11.67% down 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 16.69% over the week and 9.68% over the month.
Distance from 52-week low is 63.08% and -51.06% from its 52-week high. The company has generated returns on investments over the last 12 months (-48.13%).
The EPS is expected to shrink by -111.85% this year.
Cybin Inc (CYBN) Top Institutional Holders
59.0 institutions hold shares in Cybin Inc (CYBN), with institutional investors hold 39.09% of the company’s shares. The shares outstanding are 19.99M, and float is at 18.36M with Short Float at 3.57%. Institutions hold 36.61% of the Float.
The top institutional shareholder in the company is DEEP TRACK CAPITAL, LP with over 58.14 million shares valued at $15.76 million. The investor’s holdings represent 7.6494% of the CYBN Shares outstanding. As of 2024-06-30, the second largest holder is RA CAPITAL MANAGEMENT, L.P. with 44.0 million shares valued at $11.93 million to account for 5.7897 of the shares outstanding. The other top investors are LOGOS GLOBAL MANAGEMENT LP which holds 40.0 million shares representing 5.2628% and valued at over $10.84 million, while AVIDITY PARTNERS MANAGEMENT LP holds 4.5897 of the shares totaling 34.88 million with a market value of $9.45 million.
Cybin Inc (CYBN) Insider Activity
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