Cannabix Technologies (OTCMKTS:BLOZF) Trading 0.1% Higher – Should You Buy?

Cannabix Technologies Inc. (OTCMKTS:BLOZF) shares rose 0.1% during trading on Friday . The stock traded as high as $0.46 and last traded at $0.4240. Approximately 93,879 shares changed hands during mid-day trading, a decline of 32% from the average daily volume of 137,831 shares. The stock had previously closed at $0.4237.

Cannabix Technologies Trading Up 0.1%

The stock has a fifty day moving average of $0.39 and a two-hundred day moving average of $0.41. The stock has a market capitalization of $51.33 million, a price-to-earnings ratio of -21.20 and a beta of 0.65.

Cannabix Technologies Company Profile

Cannabix Technologies Inc is a Canada-based developer of bio­sensor technologies focused on the rapid, non-invasive detection of cannabis impairment. The company’s flagship product is a handheld breathalyzer device designed to identify recent use of tetrahydrocannabinol (THC) within minutes of exhalation, offering law enforcement agencies, public safety organizations and workplace safety departments a potential tool to assess impairment in real time.

The Cannabix breathalyzer employs proprietary sensor arrays and on-board algorithms to distinguish THC molecules in breath samples, delivering results without the need for laboratory analysis.