With over 1.49 million Cybin Inc. (CYBN) shares trading Tuesday and a closing price of $0.30 on the day, the dollar volume was approximately $0.45 million. The shares have shown a negative half year performance of -31.38% and its price on 05/23/23 gained nearly 6.61%. Currently, there are 188.89M common shares owned by the public and among those 147.76M shares have been available to trade.
Insiders at the company have transacted a total of 8 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 8 of these insider trades were purchases, accounting for 5,878,824 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
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The top 3 mutual fund holders in Cybin Inc. are Horizons Psychedelic Stock Index, AdvisorShares Psychedelics ETF, and Simplify Propel Opportunities ETF. Horizons Psychedelic Stock Index owns 2.52 million shares of the company’s stock, all valued at over $0.87 million. The company bought an additional 0.28 million shares recently to bring their total holdings to about 1.33% of the shares outstanding. AdvisorShares Psychedelics ETF bought 9906.0 shares to see its total holdings expand to 2.33 million shares valued at over $0.81 million and representing 1.23% of the shares outstanding. Simplify Propel Opportunities ETF now owns shares totaling to 0.26% of the shares outstanding.
However, the script later moved the day high at 0.2999, up 6.61%. The company’s stock has a 5-day price change of -3.71% and -41.46% over the past three months. CYBN shares are trading 0.47% year to date (YTD), with the 12-month market performance down to -49.45% lower. It has a 12-month low price of $0.26 and touched a high of $1.14 over the same period. CYBN has an average intraday trading volume of 1.19 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 -4.94%, -16.16%, and -38.63% respectively.
Institutional ownership of Cybin Inc. (AMEX: CYBN) shares accounts for 7.86% of the company’s 188.89M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.
It has a market capitalization of $73.46M. The earnings-per-share (ttm) stands at -$0.29. Price movements for the stock have been influenced by the stock’s volatility, which stands at 9.59% over the week and 9.83% over the month.
Analysts forecast that Cybin Inc. (CYBN) will achieve an EPS of -$0.05 for the current quarter, -$0.05 for the next quarter and -$0.2 for 2024. The lowest estimate earnings-per-share for the quarter is -$0.06 while analysts give the company a high EPS estimate of -$0.04. Comparatively, EPS for the current quarter was -$0.1 a year ago. Earnings per share for the fiscal year are expected to decrease by -25.50%, and 9.10% over the next financial year.
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