Roots Co. (TSE:ROOT – Get Rating)’s share price was up 2.3% during mid-day trading on Thursday . The company traded as high as C$3.12 and last traded at C$3.12. Approximately 71,892 shares were traded during mid-day trading, an increase of 88% from the average daily volume of 38,321 shares. The stock had previously closed at C$3.05.
A number of brokerages have recently weighed in on ROOT. Royal Bank of Canada raised their price objective on shares of Roots from C$4.00 to C$5.00 and gave the company a ‘sector perform’ rating in a report on Friday, April 8th.