Helix Technologies (OTCMKTS:HLIX) Stock Jumps 9.1% – Time to Buy?

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

Helix Technologies Price Performance

The company’s 50 day moving average is $0.84 and its 200 day moving average is $0.84.

Helix Technologies Company Profile

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Helix Technologies, Inc was a technology and services company focused on the regulated cannabis industry. The company developed software and provided business services intended to help cannabis operators manage sales, inventory, compliance, and regulatory reporting.

Its principal offerings included BioTrackTHC, a seed-to-sale tracking and point-of-sale platform used by cannabis businesses and government agencies. Helix also provided compliance, consulting, and security-related services for cultivators, manufacturers, distributors, and retailers.

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