NASDAQ:FLGC Flora Growth (FLGC) Stock Price, News & Analysis → top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL) (From Traders Agency) (Ad) Free FLGC Stock Alerts $1.52 -0.03 (-1.94%) (As of 03:39 PM ET) Add Compare Share Share Today's Range$1.45▼$1.5650-Day Range$0.84▼$2.6752-Week Range$0.63▼$5.48Volume254,488 shsAverage Volume619,345 shsMarket Capitalization$16.25 millionP/E RatioN/ADividend YieldN/APrice Target$7.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Flora Growth alerts: Email Address Flora Growth MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside354.6% Upside$7.00 Price TargetShort InterestHealthy7.33% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.76Based on 2 Articles This WeekInsider TradingAcquiring Shares$999,998 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.50) to ($0.20) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.35 out of 5 starsMedical Sector438th out of 907 stocksPharmaceutical Preparations Industry197th out of 422 stocks 3.5 Analyst's Opinion Consensus RatingFlora Growth has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageFlora Growth has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted7.33% of the float of Flora Growth has been sold short.Short Interest Ratio / Days to CoverFlora Growth has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Flora Growth has recently decreased by 38.65%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldFlora Growth does not currently pay a dividend.Dividend GrowthFlora Growth does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FLGC. Previous Next 3.8 News and Social Media Coverage News SentimentFlora Growth has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Flora Growth this week, compared to 1 article on an average week.Search Interest11 people have searched for FLGC on MarketBeat in the last 30 days. This is an increase of 175% compared to the previous 30 days.MarketBeat Follows9 people have added Flora Growth to their MarketBeat watchlist in the last 30 days. This is an increase of 350% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Flora Growth insiders have bought more of their company's stock than they have sold. Specifically, they have bought $999,998.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders17.60% of the stock of Flora Growth is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 36.01% of the stock of Flora Growth is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Flora Growth are expected to grow in the coming year, from ($0.50) to ($0.20) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Flora Growth is -0.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Flora Growth is -0.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioFlora Growth has a P/B Ratio of 1.97. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Traders Agencytop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.Click here now for the full details of this stock that’s set to rocket in the AI revolution… About Flora Growth Stock (NASDAQ:FLGC)Flora Growth Corp., together with its subsidiaries, engages in the growth, cultivation, and development of medicinal cannabis and medicinal cannabis derivative products worldwide. It operates through three segments: House of Brands, Commercial and Wholesale, and Pharmaceuticals. The company cultivates, processes, and supplies medicinal-grade cannabis flower, and cannabis derived medical and wellness products. It also offers food and beverage, nutraceuticals, cannabis accessories and technology, personal care, and wellness; cannabidiol (CBD) derived products, such as gummies, topicals, tinctures, and vape products; cannabis consumption accessories, personal storage, and travel accessories for the vape and dry herbs. In addition, the company manufactures and distributes pharmaceutical goods and medical cannabis products to treat a variety of health indications, including drugs related to cancer therapies, attention-deficit/hyperactivity disorder, multiple sclerosis, and anti-depressants. The company sells its products under the JustCBD, Vessel, and Phatebo brands. Flora Growth Corp. was incorporated in 2019 and is based in Fort Lauderdale, Florida.Read More FLGC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FLGC Stock News HeadlinesApril 10, 2024 | insidertrades.comClifford Starke Purchases 526,315 Shares of Flora Growth Corp. (NASDAQ:FLGC) StockApril 25, 2024 | finance.yahoo.comInsiders Re-Evaluate Their US$1.0m Stock Purchase As Flora Growth Falls To US$22mApril 25, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.April 18, 2024 | uk.investing.comFlora Growth acquires German cannabis firm TruHCApril 16, 2024 | msn.comFlora Growth enters into agreement to acquire TruHCApril 12, 2024 | nasdaq.comWednesday 4/10 Insider Buying Report: FLGC, GMEApril 5, 2024 | benzinga.comFlora Growth's Stock Trading Higher On Pricing $3.2M Public Offering Of Common SharesApril 5, 2024 | investorplace.comFLGC Stock Earnings: Flora Growth Misses EPS, Beats Revenue for Q4 2023April 25, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.April 4, 2024 | investorplace.comFLGC Stock: Why Flora Growth Is Down 15% Despite Major Cannabis RallyApril 4, 2024 | marketwatch.comFlora Growth Shares Slide Premarket on Planned Stock OfferingApril 4, 2024 | msn.comFlora Growth slumps 20% on share offeringApril 2, 2024 | benzinga.comThis Cannabis Pioneer Is Ramping Up Its Presence In Germany As Weed Legalization Takes EffectMarch 25, 2024 | msn.comFlora Growth plans to expand global genetics business in GermanyMarch 25, 2024 | marketwatch.comFlora Growth Shares Rise 8.5% on Cannabis Expansion in GermanyMarch 25, 2024 | msn.comWhat's Going On With Flora Growth Stock?February 18, 2024 | finance.yahoo.comThe 3 Most Undervalued Cannabis Stocks to Buy in February 2024February 10, 2024 | investorplace.comThe 3 Most Undervalued Cannabis Stocks to Buy in February 2024February 9, 2024 | uk.investing.comFlora Growth Corp (FLGC)February 6, 2024 | msn.comVeru eyes better weight loss drugs as FDA clears Phase 2 trialFebruary 5, 2024 | finance.yahoo.comFlora Growth Corp's CEO Reveals Record-Breaking Financials and Exciting 2024 PlansFebruary 2, 2024 | benzinga.comWho's Who In Cannabis: January Executive Changes You Should Know AboutJanuary 22, 2024 | finance.yahoo.comFlora Growth Corp. To Chair U.S. Hemp Roundtable Board of DirectorsNovember 16, 2023 | investorplace.comWhy Is Flora Growth (FLGC) Stock Up 7% Today?November 10, 2023 | msn.comBlooming: Flora Growth's First Profitable Quarter Amid Strategic ShiftsNovember 8, 2023 | finance.yahoo.comFlora Growth Corp. Reports Record Q3 2023 with Net Income of $1.1 Million and EBITDA of $0.9 MillionOctober 26, 2023 | finance.yahoo.comLIFEIST WELLNESS INC. (M5B.BE)See More Headlines Receive FLGC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Flora Growth and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Today4/25/2024Next Earnings (Estimated)5/20/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Pharmaceutical preparations Sub-IndustryN/A Current SymbolNASDAQ:FLGC CUSIPN/A CIK1790169 Webfloragrowth.ca Phone954-842-4989FaxN/AEmployees337Year FoundedN/APrice Target and Rating Average Stock Price Target$7.00 High Stock Price Target$7.00 Low Stock Price Target$7.00 Potential Upside/Downside+351.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($10.02) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-57,040,000.00 Net Margins-75.33% Pretax Margin-63.49% Return on Equity-60.26% Return on Assets-30.86% Debt Debt-to-Equity Ratio0.15 Current Ratio1.31 Quick Ratio0.79 Sales & Book Value Annual Sales$76.07 million Price / Sales0.22 Cash FlowN/A Price / Cash FlowN/A Book Value$0.78 per share Price / Book1.99Miscellaneous Outstanding Shares10,690,000Free Float8,804,000Market Cap$16.57 million OptionableNot Optionable Beta1.92 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. Aaron Atin (Age 38)Corporate Secretary Key CompetitorsNeuroSense TherapeuticsNASDAQ:NRSNKALA BIONASDAQ:KALAFSD PharmaNASDAQ:HUGEGalectoNASDAQ:GLTOAlaunos TherapeuticsNASDAQ:TCRTView All CompetitorsInsidersClifford StarkeBought 526,315 shares on 4/8/2024Total: $999,998.50 ($1.90/share)View All Insider Transactions FLGC Stock Analysis - Frequently Asked Questions Should I buy or sell Flora Growth stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Flora Growth in the last year. There are currently 1 buy rating 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 target for 2024? 1 equities research analysts have issued 1 year target prices for Flora Growth's stock. Their FLGC share price targets range from $7.00 to $7.00. On average, they predict the company's stock price to reach $7.00 in the next twelve months. This suggests a possible upside of 354.6% 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 2024? Flora Growth's stock was trading at $1.35 at the beginning of the year. Since then, FLGC stock has increased by 14.1% and is now trading at $1.5399. View the best growth stocks for 2024 here. Are investors shorting Flora Growth? Flora Growth saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 566,300 shares, a drop of 38.7% from the March 31st total of 923,100 shares. Based on an average daily trading volume, of 740,900 shares, the short-interest ratio is currently 0.8 days. Currently, 7.3% of the shares of the company are sold short. View Flora Growth's Short Interest. When is Flora Growth's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024. View our FLGC earnings forecast. What ETF holds Flora Growth's stock? Global X Cannabis ETF holds 443,087 shares of FLGC stock, representing 3.38% of its portfolio. When did Flora Growth's stock split? Shares of Flora Growth reverse split before market open on Friday, June 9th 2023. The 1-20 reverse split was announced on Friday, June 9th 2023. The number of shares owned by shareholders was adjusted after the market closes on Friday, June 9th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split. When did Flora Growth IPO? Flora Growth (FLGC) raised $15 million in an 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. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:FLGC) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarThese AI trades triggered this morning (545% return)Prosper Trading AcademyHe Is Giving Away BitcoinCrypto Swap Profitstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyThe only accurate crypto trading system I know …Weiss RatingsThe AI stock to buy right nowStockEarningsBitcoin Rockets To Record High But Buy THIS InsteadParadigm Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Flora Growth Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
