Cannabix Technologies (OTCMKTS:BLOZF) Shares Up 0.1% – Still a Buy?

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

Cannabix Technologies Trading Up 0.1%

The firm has a market cap of $51.33 million, a PE ratio of -21.20 and a beta of 0.65. The business’s 50-day simple moving average is $0.39 and its 200 day simple moving average is $0.41.

Cannabix Technologies (OTCMKTS:BLOZF) last announced its quarterly earnings results on Tuesday, September 23rd. The company reported ($0.01) earnings per share for the quarter.

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.