Hydropothecary (CVE:THCX) Trading Up 6.6% – Still a Buy?

The Hydropothecary Corporation (CVE:THCX)’s share price rose 6.6% during mid-day trading on Thursday . The company traded as high as C$5.37 and last traded at C$5.30. Approximately 5,381,444 shares traded hands during trading, an increase of 129% from the average daily volume of 2,350,245 shares. The stock had previously closed at C$4.97.

Hydropothecary Stock Performance

The firm’s 50 day moving average is C$5.30 and its two-hundred day moving average is C$5.30.

Hydropothecary Company Profile

The Hydropothecary Corporation, together with its subsidiaries, produces and distributes medical marijuana products. The company is headquartered in Gatineau, Canada.