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Microbix Biosystems Inc. T.MBX

Alternate Symbol(s):  MBXBF

Microbix develops proprietary biological technology solutions for human health and well-being, with about 90 skilled employees and sales growing from a base of over $1 million per month. It makes a wide range of critical biological materials for the global diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment products (QAPs™) that support clinical lab proficiency testing, assay development and validation, or clinical lab workflows.


TSX:MBX - Post by User

Post by ThoughtsOnThison Feb 04, 2022 12:20pm
237 Views
Post# 34398102

Price and Volume are Worth Watching

Price and Volume are Worth WatchingMBX Fan. Holding and accumulating since mid-summer 2020. Bit of a fade going on from the January 4th high of $0.81 and the December 24th high of $0.84. Price and Volume are worth watching here. A dip into the $0.50's would be tempting to buy.

MBX traded over 100k shares on three days in January; 10, 20, 26. Big volumes in December were on the 21,22,23,24 with over 1,000,000 shares traded.

"Today's volume of 83,405 is on pace to be much greater than MBX's 10-day average volume of 67,626 shares."
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