What Is The Performance Outlook For Cybin Inc (AMEX: CYBN) In The Coming Months?

In the latest trading session, 1.79 million Cybin Inc (AMEX:CYBN) shares changed hands as the company’s beta touched 0. With the company’s most recent per share price at $0.27 changed hands at -$0.02 or -6.62% at last look, the market valuation stands at $205.25M. CYBN’s current price is a discount, trading about -174.07% off its 52-week high of $0.74. The share price had its 52-week low at $0.25, which suggests the last value was 7.41% up since then. When we look at Cybin Inc’s average trading volume, we note the 3-month average coming to 4.34 million.

Cybin Inc (AMEX:CYBN) trade information

Instantly CYBN was in red as seen in intraday trades today. With action -4.88%, the performance over the past five days has been red. The drop to weekly highs of 0.3200 subtracted -6.62% to the stock’s daily price. The company’s shares are showing year-to-date downside of -34.13%, with the 5-day performance at -4.88% in the red. However, in the 30-day time frame, Cybin Inc (AMEX:CYBN) is -23.28% down.

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Cybin Inc (CYBN) estimates and forecasts

Data shows that the Cybin Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -34.94% over the past 6 months, a -10.53% in annual growth rate that is considerably lower than the industry average of 15.60%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -68.39%. The 2024 estimates are for Cybin Inc earnings to increase by 12.51%.