BLO:CA:CNSX-Cannabix Technologies Inc (CAD)

COMMON STOCK | Medical Devices |

Last Closing

USD 0.29

Change

-0.03 (-7.94)%

Market Cap

USD 0.04B

Volume

0.05M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Cannabix Technologies Inc., a technology company, develops marijuana and alcohol breathalyzer for employers, law enforcement, workplaces, and laboratories in the United States. It develops tetrahydrocannabinol breath systems, including cannabix mass spectrum (MS) breath sampler for mass spectrometers, optimized for breath collection and ionization that replaces the chromatography step and offers clinical and toxicology laboratories that analyzes nonvolatile species in breath; and cannabix breath collection unit that collects breath samples from the field onto a novel cartridge, which is taken and analyzed with the MS breath sampler. The company offers Breath Logix (BR-LGX), an industrial series a fully automated breath alcohol screening system for employee, contractor, and visitor access control that is self-administered, non-invasive, and has both non-contact and direct straw modes. The company was formerly known as West Point Resources Inc. and changed its name to Cannabix Technologies Inc. in August 2014. Cannabix Technologies Inc. was incorporated in 2011 and is based in Burnaby, Canada.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2025-01-08 )

Largest Industry Peers for Medical Devices

Symbol Name Price(Change) Market Cap
MYTC:CA MyndTec Inc.

N/A

USD 7.53M
PMED:CA Predictmedix Inc

N/A

USD 2.25M
ASTI:CA Aquarius Surgical Technologies..

N/A

USD 0.55M

ETFs Containing BLO:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Medical Devices) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -9.38% 67% D+ 24% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -9.38% 67% D+ 24% F
Trailing 12 Months  
Capital Gain 28.89% 75% C 76% C+
Dividend Return N/A N/A N/A N/A N/A
Total Return 28.89% 75% C 76% C+
Trailing 5 Years  
Capital Gain -60.27% 100% F 53% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -60.27% 100% F 53% F
Average Annual (5 Year Horizon)  
Capital Gain 18.99% 100% F 78% C+
Dividend Return 18.99% 100% F 78% C+
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 87.49% 50% F 27% F
Risk Adjusted Return 21.70% 100% F 79% B-
Market Capitalization 0.04B 100% F 93% A

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.