With over 4.34 million Cybin Inc (CYBN) shares trading Tuesday and a closing price of $0.41 on the day, the dollar volume was approximately $1.78 million. The shares have shown a negative half year performance of -6.82% and its price on 01/09/24 gained nearly 4.70%. Currently, there are 411.22M common shares owned by the public and among those 344.90M shares have been available to trade.
The top 3 mutual fund holders in Cybin Inc are Horizons Psychedelic Stock Index, AdvisorShares Psychedelics ETF, and Investitori America. Horizons Psychedelic Stock Index owns 2.66 million shares of the company’s stock, all valued at over $1.2 million. The company bought an additional 0.14 million shares recently to bring their total holdings to about 0.66% of the shares outstanding. Investitori America now owns shares totaling to 0.13% of the shares outstanding.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Shares of Cybin Inc (AMEX: CYBN) opened at $0.40, up $0.01 from a prior closing price of $0.39. However, the script later moved the day high at 0.4100, up 4.70%. The company’s stock has a 5-day price change of 2.50% and -33.64% over the past three months. CYBN shares are trading 0.00% year to date (YTD), with the 12-month market performance up to 4.09% higher. It has a 12-month low price of $0.21 and touched a high of $0.74 over the same period. CYBN has an average intraday trading volume of 3.96 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.86%, -10.99%, and 3.04% respectively.
Institutional ownership of Cybin Inc (AMEX: CYBN) shares accounts for 6.53% of the company’s 411.22M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.
It has a market capitalization of $168.60M. The earnings-per-share (ttm) stands at -$0.18. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.95% over the week and 5.45% over the month.
Analysts forecast that Cybin Inc (CYBN) will achieve an EPS of -$0.04 for the current quarter, -$0.04 for the next quarter and -$0.19 for 2025. The lowest estimate earnings-per-share for the quarter is -$0.05 while analysts give the company a high EPS estimate of -$0.03. Comparatively, EPS for the current quarter was -$0.06 a year ago. Earnings per share for the fiscal year are expected to increase by 28.03%, and 23.23% over the next financial year.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 5 brokerage firm advisors rate Cybin Inc (CYBN) as a “Strong Buy” at a consensus score of 1.00. Specifically, 5 Wall Street analysts polled rate the stock as a buy, while 0 of the 5 advise that investors “hold,” and 0 rated it as a “Sell.”
