Cybin Inc (AMEX:CYBN)’s traded shares stood at 0.68 million during the last session. At the last check today, the stock’s price was $0.26, to imply a decrease of -2.08% or $0.0 in intraday trading. The CYBN share’s 52-week high remains $0.74, putting it -184.62% down since that peak but still an impressive 7.69% since price per share fell to its 52-week low of $0.24. The company has a valuation of $196.85M, with an average of 5.2 million shares in intraday trading volume over the past 10 days and average of 4.93 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Cybin Inc (CYBN), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give CYBN a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy.
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Cybin Inc (AMEX:CYBN) trade information
After registering a -2.08% downside in the latest session, Cybin Inc (CYBN) has traded red over the past five days. The 5-day price performance for the stock is -2.12%, and -8.96% over 30 days. With these gigs, the year-to-date price performance is -36.83%. Short interest in Cybin Inc (AMEX:CYBN) saw shorts transact 12.74 million shares and set a 2.78 days time to cover.
Cybin Inc (CYBN) estimates and forecasts
Looking at statistics comparing Cybin Inc share performance against respective industry, we note that the company has outperformed competitors. Cybin Inc (CYBN) shares are -34.88% down over the last 6 months, with its year-to-date growth rate higher than industry average at 52.63% against 18.40%.
CYBN Dividends
Cybin Inc has its next earnings report out on 2024-Aug-08. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Cybin Inc (AMEX:CYBN)’s Major holders
Cybin Inc insiders hold 6.92% of total outstanding shares, with institutional holders owning 38.28% of the shares at 41.13% float percentage. In total, 38.28% institutions holds shares in the company, led by DEEP TRACK CAPITAL, LP. As of 2024-06-30, the company held over 58.14 million shares (or 7.6494% of shares), all amounting to roughly $15.76 million.
The next major institution holding the largest number of shares is RA CAPITAL MANAGEMENT, L.P. with 44.0 million shares, or about 5.7897% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $11.93 million.
We also have AdvisorShares Trust-AdvisorShares Psychedelics ETF and Simplify Exchange Traded Fds-Simplify Propel Opportunities ETF as the top two Mutual Funds with the largest holdings of the Cybin Inc (CYBN) shares. Going by data provided on Jul 31, 2024 , AdvisorShares Trust-AdvisorShares Psychedelics ETF holds roughly 1.87 shares. This is just over 0.25% of the total shares, with a market valuation of $0.49 million. Data from the same date shows that the other fund manager holds a little less at 500.0, or 0.07% of the shares, all valued at about 0.13 million.
