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S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Is There Value In These Growth Stocks?
Build A Better Tech Portfolio With Jabil Inc.
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
US stocks end mixed a day after Dow entered a bear market
Autodesk Is A Mature Company Still Acting Like A Growth Stock
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Leaks on Russian gas pipelines raise concerns about sabotage
Vote in Ukraine's Russia-held areas stokes tension with West
S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Is There Value In These Growth Stocks?
Build A Better Tech Portfolio With Jabil Inc.
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
US stocks end mixed a day after Dow entered a bear market
Autodesk Is A Mature Company Still Acting Like A Growth Stock
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Leaks on Russian gas pipelines raise concerns about sabotage
Vote in Ukraine's Russia-held areas stokes tension with West
S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Is There Value In These Growth Stocks?
Build A Better Tech Portfolio With Jabil Inc.
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
US stocks end mixed a day after Dow entered a bear market
Autodesk Is A Mature Company Still Acting Like A Growth Stock
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Leaks on Russian gas pipelines raise concerns about sabotage
Vote in Ukraine's Russia-held areas stokes tension with West
NASDAQ:FLGC

Flora Growth - FLGC Stock Forecast, Price & News

$0.73
-0.06 (-7.58%)
(As of 09/27/2022 12:00 AM ET)
Add
Compare
Today's Range
$0.70
$0.83
50-Day Range
$0.60
$1.25
52-Week Range
$0.59
$6.41
Volume
504,829 shs
Average Volume
885,885 shs
Market Capitalization
$47.91 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.25

Flora Growth MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
754.8% Upside
$6.25 Price Target
Short Interest
Healthy
1.70% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.29mentions of Flora Growth in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.56) to ($0.20) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.27 out of 5 stars

Medical Sector

619th out of 1,071 stocks

Pharmaceutical Preparations Industry

290th out of 531 stocks

FLGC stock logo

About Flora Growth (NASDAQ:FLGC) Stock

Flora Growth Corp., together with its subsidiaries, engages in the growth, cultivation, and development of medicinal cannabis and medicinal cannabis derivative products to pharmacies, medical clinics, and cosmetic companies worldwide. It cultivates, processes, and supplies medicinal-grade cannabis oil, and cannabis derived medical and wellness products; offers skincare and beauty products; develops plant-based and medical-grade pharmaceuticals, phytotherapeutics, and dietary supplements; and designs and markets loungewear made from hemp-derived fabric and materials. The company also manufactures, distributes, and retails cannabidiol (CBD) derived products, such as gummies, topicals, tinctures, and vape products; lifestyle wellness products, including edibles, bath and body, pets, sports recovery, etc.; provides cannabis consumption accessories, personal storage, and travel accessories for vape and dry herb categories; and offers juices, exotic fruits coated with chocolate, and chocolate bars, as well as dried fruits, beans, and pulp from Amazonian fruits in supermarkets, discount retailers, coffee shops, restaurants, and airports. In addition, it engages in the manufacturing, promotion, and distribution of beverage products; manufacture and sale of product formulations for pain relief; and development of pharmaceutical cannabinoid formula for the prevention of Sars-Cov-2. The company sells its products under the JustCBD, Vessel, Mind Naturals, Mambe, Stardog, Tonino Lamborghini, and Kalaya brands. Flora Growth Corp. was incorporated in 2019 and is headquartered in Toronto, Canada.

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FLGC Stock News Headlines

Flora Growth Voted Best M&A
Flora Growth Reports H1 2022 Financial Results
Flora Growth Corp. (NASDAQ:FLGC): Is Breakeven Near?
Flora Growth to repurchase $5M of common stock
See More Headlines
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FLGC Company Calendar

Today
9/28/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Pharmaceutical preparations
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:FLGC
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$6.25
High Stock Price Forecast
$10.00
Low Stock Price Forecast
$2.50
Forecasted Upside/Downside
+754.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$8.98 million
Book Value
$1.17 per share

Miscellaneous

Free Float
N/A
Market Cap
$47.91 million
Optionable
Not Optionable
Beta
1.57

Key Executives

  • Mr. Luis Merchan (Age 41)
    Pres, CEO & Chairman
    Comp: $745.25k
  • Dr. Bernard Raymond Wilson F.C.A. (Age 79)
    FCA, FCPA, ICD.D, LLD(H), Advisor
    Comp: $148k
  • Mr. Elshad Garayev CPA
    CPA, Chief Financial Officer
  • Mr. Matthew S. Cohen (Age 56)
    Gen. Counsel
  • Ms. Jessie Casner (Age 34)
    Chief Marketing Officer
  • Mr. James Choe (Age 43)
    Chief Strategy Officer
  • Mr. Aaron Atin (Age 38)
    Corp. Sec.
  • Mr. Javier Franco (Age 54)
    VP Agriculture













FLGC Stock - Frequently Asked Questions

Should I buy or sell Flora Growth stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Flora Growth in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FLGC shares.
View FLGC analyst ratings
or view top-rated stocks.

What is Flora Growth's stock price forecast for 2022?

3 Wall Street analysts have issued 12 month target prices for Flora Growth's stock. Their FLGC share price forecasts range from $2.50 to $10.00. On average, they anticipate the company's share price to reach $6.25 in the next year. This suggests a possible upside of 754.8% from the stock's current price.
View analysts price targets for FLGC
or view top-rated stocks among Wall Street analysts.

How have FLGC shares performed in 2022?

Flora Growth's stock was trading at $1.78 at the start of the year. Since then, FLGC stock has decreased by 58.9% and is now trading at $0.7312.
View the best growth stocks for 2022 here
.

When did Flora Growth IPO?

(FLGC) raised $15 million in an initial public offering (IPO) on Tuesday, May 11th 2021. The company issued 3,300,000 shares at a price of $4.00-$5.00 per share. Boustead Securities acted as the underwriter for the IPO.

What is Flora Growth's stock symbol?

Flora Growth trades on the NASDAQ under the ticker symbol "FLGC."

Who are Flora Growth's major shareholders?

Flora Growth's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (0.95%), Millennium Management LLC (0.65%), Citadel Advisors LLC (0.53%) and Virtu Financial LLC (0.24%).

How do I buy shares of Flora Growth?

Shares of FLGC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Flora Growth's stock price today?

One share of FLGC stock can currently be purchased for approximately $0.73.

How much money does Flora Growth make?

Flora Growth (NASDAQ:FLGC) has a market capitalization of $47.91 million and generates $8.98 million in revenue each year.

How can I contact Flora Growth?

The official website for the company is floragrowth.ca. The company can be reached via phone at 416-861-2267.

This page (NASDAQ:FLGC) was last updated on 9/28/2022 by MarketBeat.com Staff

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