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Cybin Inc. (CYBN) Stock: A Year of Highs and Lows in the Market

The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Cybin Inc.’s current trading price is -34.75% away from its 52-week high, while its distance from the 52-week low is 119.05%. The stock’s price range for this period has been between $0.21 and $0.70 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 19.98 million for the day, a number notably higher than the average daily volume of 2.92 million over the last three months.

The present stock price for Cybin Inc. (CYBN) is $0.46. In the last trading session, the stock made a considerable jump, reaching $0.47 after an opening price of $0.34. The stock briefly fell to $0.34 before ending the session at $0.33.

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Cybin Inc. experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $0.70 on 09/20/22, while the lowest price for the same period was registered at $0.21 on 06/06/23.

Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Cybin Inc. (CYBN) has experienced a quarterly rise of 65.95% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 140.65M and boasts a workforce of 50 employees.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.3334, with a change in price of +0.1300. Similarly, Cybin Inc. recorded 2,606,758 in trading volume during the last 100 days, posting a change of +39.39%.

Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis

The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CYBN stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.

CYBN Stock Stochastic Average

Cybin Inc.’s raw stochastic average for the past 50 days is presently 86.05%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 94.45%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 90.89% and 88.48%, respectively.

CYBN Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 54.83% this year. Over the last six months, there has been a weaker performance of 17.98%. The price of CYBN fallen by 40.46% during the last 30 days period. For the last 5-days stocks have improved 39.48%.

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