<div id="readability-page-1"><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/cybin-inc-(cybnne)-logo-1200x675.png/query-dj0yMDIxMDgyNjEwMDkxNg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1200" height="675" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/cybin-inc-(cybnne)-logo-1200x675.png/query-dj0yMDIxMDgyNjEwMDkxNg"/>Shares of Cybin Inc. (OTCMKTS:CYBN - Get Free Report) were down 3% during trading on Friday . The company traded as low as $0.34 and last traded at $0.36. Approximately 4,436,106 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 4,807,171 shares. The stock had previously closed at $0.37.</p><h2>Wall Street Analysts Forecast Growth</h2><p>Separately, Bloom Burton reiterated a &#34;buy&#34; rating on shares of Cybin in a research note on Thursday, May 2nd.</p><p><b>View Our Latest Research Report on Cybin</b></p><h2>Cybin Trading Down 3.0 %</h2><p>The company has a market capitalization of $148.93 million, a P/E ratio of -1.73 and a beta of 0.50. The stock's fifty day moving average is $0.39 and its 200 day moving average is $0.41. </p><p>Cybin (OTCMKTS:CYBN - Get Free Report) last issued its quarterly earnings data on Wednesday, February 14th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.04). On average, analysts expect that Cybin Inc. will post -0.19 EPS for the current fiscal year. </p><h2>Hedge Funds Weigh In On Cybin</h2><p>An institutional investor recently raised its position in Cybin stock. Nadler Financial Group Inc. boosted its stake in Cybin Inc. (OTCMKTS:CYBN - Free Report) by 125.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities &amp; Exchange Commission. The institutional investor owned 98,700 shares of the company's stock after acquiring an additional 55,000 shares during the period. Nadler Financial Group Inc.'s holdings in Cybin were worth $41,000 at the end of the most recent reporting period. Institutional investors own 17.94% of the company's stock. </p><h2>About Cybin</h2> (Get Free Report)<p>Cybin Inc, a clinical-stage biopharmaceutical company, focuses on developing psychedelic-based therapeutics. The company's development pipeline includes CYB003, a deuterated psilocybin analog, which is in Phase 1/2a clinical trial to treat major depressive and alcohol use disorders; CYB004, a deuterated dimethyltryptamine, which is in Phase 1 clinical trial for treating generalized anxiety disorders; and CYB005, a phenethylamine derivative, which in preclinical stage to treat neuroinflammation.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Cybin</li><li>How to Use the MarketBeat Excel Dividend Calculator</li><li>Bounce Alert: 3 Large Caps With RSIs Too Good To Ignore</li><li>REIT Stocks - Best REIT Stocks to Add to Your Portfolio Today</li><li>Unity Software’s Mixed Q1, But Long-Term Outlook Remains Positive</li><li>Uptrend Stocks Explained: Learn How to Trade Using Uptrends</li><li>JFrog Stock Gets Punished for Solid Results: Buy the Dip</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><p>→ Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share <span><span><span>(From Colonial Metals)</span> <span>(Ad)</span></span><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD03Nzc2?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" height="1" width="1" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD03Nzc2"/></span></p><h2>Should you invest $1,000 in Cybin right now?</h2><p>Before you consider Cybin, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cybin wasn't on the list.</p><p>While Cybin currently has a &#34;Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p> </div>

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<p>Shares of Cybin Inc. (OTCMKTS:CYBN) were down 3% during trading on Friday, with approximately 4,436,106 shares traded. The company has a market capitalization of $148.93 million and a P/E ratio of -1.73. Cybin is a clinical-stage biopharmaceutical company focused on developing psychedelic-based therapeutics.</p>

Cybin (OTCMKTS:CYBN) Shares Down 3%