Will cybn go to .25 today

It is unlikely that Cybin Inc. (CYBN) will go to $0.25 today based on the current trading volume and market trends.

1. Current Trading Volume: The trading volume for CYBN today is 1.76 million shares, which is higher than average but does not necessarily indicate a specific price movement.
2. Market Trends: The stock has experienced a negative interval percentage change of -5.8% from July 19 to July 23, 2024. However, the percentage change for the day is only -0.49%, which is a relatively small decrease and does not suggest a significant drop to $0.25.
3. Analyst Ratings: The average price target for CYBN over the next 12 months is $4.00, with a high forecast of $5.00. This represents a substantial upside from the current price, which does not support a prediction of a drop to $0.25.
4. Recent News: Positive developments, such as the breakthrough therapy designation for CYB003 and the upcoming Phase 3 trial, should provide a solid foundation for the stock's future performance.

In conclusion, while the trading volume is high, the current price movement and analyst expectations do not align with a drop to $0.25. It is important to monitor the market closely for any sudden changes or news that could impact the stock's price.