Cybin Inc (CYBN) Estimation And Forecast

Cybin Inc (AMEX:CYBN) has seen 1.02 million shares traded in the recent trading session. The company, currently valued at $258.57M, closed the recent trade at $0.34 per share which meant it lost -$0.01 on the day or -2.80% during that session. The CYBN stock price is -117.65% off its 52-week high price of $0.74 and 38.24% above the 52-week low of $0.21. The 3-month trading volume is 5.40 million shares.

Cybin Inc (AMEX:CYBN) trade information

Sporting -2.80% in the red today, the stock has traded in the red over the last five days, when the CYBN stock price touched $0.34 or saw a rise of 5.66%. Year-to-date, Cybin Inc shares have moved -17.02%, while the 5-day performance has seen it change -5.60%. Over the past 30 days, the shares of Cybin Inc (AMEX:CYBN) have changed -17.73%.

Cybin Inc (CYBN) estimates and forecasts

Figures show that Cybin Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -38.27% over the past 6 months, with this year growth rate of -15.79%, compared to 12.90% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 42.90% and 85.70% for the next quarter.

3 analysts offering their estimates for the company have set an average revenue estimate of -$ for the current quarter. 1 have an estimated revenue figure of -$ for the next quarter concluding in Jun 2024.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -68.39% over the past 5 years.

CYBN Dividends

Cybin Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.