Cannabix Technologies Inc (OTO:BLOZF) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on June 8, gaining 3.06% to close the day at $0.505 after opening the trading day at $0.52. Today’s rise came with about 92,472 shares changing hands, compared to an average of 30-day volume of 109,824 for Cannabix Technologies Inc. Shares moved as high at $0.52 and as low as $0.478 in today’s action.
The share appreciation gives the company a market capitalization of $42.21 million based upon 86.14 million shares outstanding.
In the past 52 weeks, shares of Cannabix Technologies Inc have traded as low as $0.1 and as high as $0.8058. Technical traders will take note that at $0.505, shares of BLOZF are trading below their 50-day moving average (MA) at $0.555 and above their 200-day MA at $0.492. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move above them is typically regarded as bullish.
Who is BLOZF?
Cannabix Technologies Inc is a technology company. The Company is engaged in developing Cannabix marijuana breathalzer. The company is working from its headquarters in Burnaby, BC.
For more information on BLOZF and other companies focused on the expanding legal cannabis and medical marijuana industries or to considered for contributing content, visit PotNetwork.com today.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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