Helix Technologies (OTCMKTS:HLIX) Stock Jumps 9.1% – Still a Buy?

by · The Markets Daily

Helix Technologies, Inc. (OTCMKTS:HLIX – Get Free Report) shares were up 9.1% during trading on Tuesday. The stock traded as high as $0.88 and last traded at $0.84. Approximately 284,000 shares changed hands during mid-day trading, a decline of 48% from the average daily volume of 541,862 shares. The stock had previously closed at $0.77.

Helix Technologies Stock Performance

The business has a 50-day simple moving average of $0.84 and a 200-day simple moving average of $0.84.

Helix Technologies Company Profile

(Get Free Report)

Helix Technologies, Inc was a technology company that developed software and data solutions for the regulated cannabis industry. Its offerings were designed to help cannabis businesses manage operations, maintain regulatory compliance and track products through the supply chain.

The company’s portfolio included BioTrack, a seed-to-sale tracking and point-of-sale platform used by cannabis cultivators, manufacturers, distributors and retailers. Its technology supported functions such as inventory management, product tracking, compliance reporting and retail operations.

Further Reading