Flora Growth Corp (FLGC) concluded trading on Wednesday at a closing price of $1.65, with 3.45 million shares of worth about $5.7 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.22% during that period and on October 30, 2024 the price saw a loss of about -12.89%. Currently the company’s common shares owned by public are about 13.37M shares, out of which, 9.33M shares are available for trading.
Stock saw a price change of -2.65% in past 5 days and over the past one month there was a price change of -6.50%. Year-to-date (YTD), FLGC shares are showing a performance of 22.59% which increased to 125.38% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.68 but also hit the highest price of $2.93 during that period. The average intraday trading volume for Flora Growth Corp shares is 198.97K. The stock is currently trading -4.45% below its 20-day simple moving average (SMA20), while that difference is up 19.47% for SMA50 and it goes to 27.42% higher than SMA200.
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Flora Growth Corp (NASDAQ: FLGC) currently have 13.37M outstanding shares and institutions hold larger chunk of about 2.93% of that.
The stock has a current market capitalization of $22.12M and its 3Y-monthly beta is at 1.87. It has posted earnings per share of -$1.44 in the same period. It has Quick Ratio of 0.79 while making debt-to-equity ratio of 0.77. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FLGC, volatility over the week remained 14.86% while standing at 14.64% over the month.
Stock’s fiscal year EPS is expected to rise by 90.94% while it is estimated to increase by 130.99% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by ROTH Capital on October 13, 2021 offering a Buy rating for the stock and assigned a target price of $10 to it. Coverage by MKM Partners stated Flora Growth Corp (FLGC) stock as a Buy in their note to investors on June 23, 2021, suggesting a price target of $6 for the stock.
