Cybin Inc (AMEX:CYBN): Buy, Sell Or Hold At $0.35?

In last trading session, Cybin Inc (AMEX:CYBN) saw 1.57 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $0.35 trading at $0.0 or 0.00% at ring of the bell on the day assigns it a market valuation of $266.02M. That closing price of CYBN’s stock is at a discount of -111.43% from its 52-week high price of $0.74 and is indicating a premium of 40.0% from its 52-week low price of $0.21. Taking a look at company’s average trading volume volume of 5.49 million if we extend that period to 3-months.

Cybin Inc (AMEX:CYBN) trade information

In the last five days CYBN remained trading in the green while hitting it’s week-highest on Friday, 04/26/24 when the stock touched $0.35 price level, adding 0.54% to its value on the day. Cybin Inc’s shares saw a change of -14.63% in year-to-date performance and have moved 1.16% in past 5-day. Cybin Inc (AMEX:CYBN) showed a performance of -24.42% in past 30-days.

Cybin Inc (CYBN) estimates and forecasts

Statistics highlight that Cybin Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -45.90% of value to its shares in past 6 months, showing an annual growth rate of -15.79% while that of industry is 12.60. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -68.39% during past 5 years.

CYBN Dividends

Cybin Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.