Hydrofarm Holdings Group HYFM shares are trading higher after the company announced it entered into an agreement to acquire House & Garden for $125 million.
Hydrofarm's stock is trading up 7.44% to a price of $57.64. The stock's current volume for the day is 505.69 thousand, which is approximately 67.08% of its previous 30-day average volume of 753.83 thousand.
The moving average price of the stock over the past 50 days was $60.32 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $95.48 and as low as $41.59.
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