Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Cybin Inc’s current trading price is -51.84% away from its 52-week high, while its distance from the 52-week low is 47.08%. The stock’s price range over this period has fluctuated between $6.50 and $19.85. The company, operating within the financial sector, had a trading volume of approximately 0.18 million for the day, which was noticeably lower than the average daily share volume of 0.34 million over the last 3 months.
Cybin Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $19.85 on 03/13/24, while the lowest value for the same period was recorded at $6.50 on 09/19/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Cybin Inc (CYBN) has experienced a quarterly rise of 4.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 191.20M.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.82, with a change in price of -0.49. Similarly, Cybin Inc recorded 298,264 in trading volume during the last 100 days, posting a change of -4.92%.
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
Today, Cybin Inc’s raw stochastic average for the past 50 days stands at 21.37%, indicating a decline from the raw stochastic average of the last 20 days, which was 50.09%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 70.66% and 72.45% respectively.
CYBN Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price gain of 8.39% this year. Over the last six months, there has been a stronger performance of -4.89%. The price of CYBN leaped by -11.48% during the last 30 days period. For the last 5-days stocks have improved 8.39%.
