Cannabix Technologies (OTCMKTS:BLOZF) Stock Price Down 0.1% – Should You Sell?

Cannabix Technologies Inc. (OTCMKTS:BLOZF) shares dropped 0.1% during mid-day trading on Tuesday . The stock traded as low as $0.4254 and last traded at $0.4540. Approximately 182,636 shares changed hands during mid-day trading, an increase of 89% from the average daily volume of 96,383 shares. The stock had previously closed at $0.4543.

Cannabix Technologies Stock Down 0.1%

The company’s fifty day moving average is $0.41 and its two-hundred day moving average is $0.41. The stock has a market cap of $54.97 million, a price-to-earnings ratio of -22.70 and a beta of 0.68.

Cannabix Technologies (OTCMKTS:BLOZF) last announced its quarterly earnings data on Tuesday, December 30th. The company reported ($0.01) EPS for the quarter. The business had revenue of $0.09 million for the quarter.

About Cannabix Technologies

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.