Flora Growth Corp (FLGC) concluded trading on Thursday at a closing price of $1.98, with 3.16 million shares of worth about $6.27 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 75.22% during that period and on December 12, 2024 the price saw a gain of about 14.45%. 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 20.73% in past 5 days and over the past one month there was a price change of 67.80%. Year-to-date (YTD), FLGC shares are showing a performance of 46.67% which increased to 76.79% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.75 but also hit the highest price of $2.93 during that period. The average intraday trading volume for Flora Growth Corp shares is 432.51K. The stock is currently trading 28.91% above its 20-day simple moving average (SMA20), while that difference is up 25.91% for SMA50 and it goes to 46.71% higher than SMA200.
Flora Growth Corp (NASDAQ: FLGC) currently have 13.37M outstanding shares and institutions hold larger chunk of about 3.05% of that.
The stock has a current market capitalization of $26.46M and its 3Y-monthly beta is at 1.93. It has posted earnings per share of -$1.80 in the same period. It has Quick Ratio of 0.64 while making debt-to-equity ratio of 1.25. 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 13.84% while standing at 12.05% over the month.
Stock’s fiscal year EPS is expected to rise by 85.33% while it is estimated to increase by 70.43% 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 Aegis Capital on November 25, 2024 offering a Buy rating for the stock and assigned a target price of $4 to it. Coverage by ROTH Capital stated Flora Growth Corp (FLGC) stock as a Buy in their note to investors on October 13, 2021, suggesting a price target of $10 for the stock.
