HCM Acquisition (NASDAQ:HCMA) Trading 16.2% Higher – Should You Buy?

HCM Acquisition Corp (NASDAQ:HCMAGet Free Report) was up 16.2% on Wednesday . The company traded as high as $11.60 and last traded at $10.92. Approximately 14,785 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 68,548 shares. The stock had previously closed at $9.40.

HCM Acquisition Trading Up 16.2 %

The firm has a fifty day moving average of $9.44 and a two-hundred day moving average of $9.30.

HCM Acquisition Company Profile

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HCM Acquisition Corp does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. HCM Acquisition Corp was incorporated in 2021 and is based in Stamford, Connecticut.

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