NASDAQ:FLGC Flora Growth (FLGC) Stock Price, News & Analysis → No experience to confident trader, meet my student… (From Wealth Builders Institute) (Ad) Free FLGC Stock Alerts $1.58 -0.11 (-6.51%) (As of 05/6/2024 ET) Add Compare Share Share Today's Range$1.57▼$1.6950-Day Range$0.96▼$2.6752-Week Range$0.63▼$5.48Volume143,807 shsAverage Volume624,471 shsMarket Capitalization$20.25 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/Downside343.0% Upside$7.00 Price TargetShort InterestHealthy7.33% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider 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.2.71 out of 5 starsMedical Sector411th out of 908 stocksPharmaceutical Preparations Industry183rd out of 424 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 1.4 News and Social Media Coverage News SentimentFlora Growth has a news sentiment score of -0.50. 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 lower news sentiment than the 0.40 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 1 news article for Flora Growth this week, compared to 1 article on an average week.Search InterestOnly 7 people have searched for FLGC on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.MarketBeat Follows7 people have added Flora Growth to their MarketBeat watchlist in the last 30 days. This is an increase of 40% 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 -0.16, 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 -0.16, 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 2.03. 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 DTIThe best inflation-proof investment The markets are CRAZY right now. Which is why thousands of investors are flocking into one little-known company. Click here for the full story 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) StockMay 3, 2024 | investorplace.comStock Market Crash Warning: Don't Get Caught Holding These 3 Cannabis StocksMay 7, 2024 | Stansberry Research (Ad)America has a new type of money—should you get it?Is America's New Money right for you? I can't say... but I do know it's 100% legal and available to everyone... although precious few know much about it.April 25, 2024 | finance.yahoo.comInsiders Re-Evaluate Their US$1.0m Stock Purchase As Flora Growth Falls To US$22mApril 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 SharesMay 7, 2024 | Stansberry Research (Ad)America has a new type of money—should you get it?Is America's New Money right for you? I can't say... but I do know it's 100% legal and available to everyone... although precious few know much about it.April 5, 2024 | investorplace.comFLGC Stock Earnings: Flora Growth Misses EPS, Beats Revenue for Q4 2023April 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 MillionSee 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 Today5/06/2024Next 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/AEmployees97Year 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+343.0%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 / Sales0.27 Cash FlowN/A Price / Cash FlowN/A Book Value$0.78 per share Price / Book2.03Miscellaneous Outstanding Shares12,817,000Free Float10,561,000Market Cap$20.25 million OptionableNot Optionable Beta2.00 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Clifford A. Starke (Age 39)CEO & Director Comp: $379.35kMr. Dany Vaiman (Age 37)Chief Financial Officer Comp: $266.75kMr. Aaron Atin (Age 38)Corporate Secretary Key CompetitorsTherapeuticsMDNASDAQ:TXMDBenitec BiopharmaNASDAQ:BNTCRenovoRxNASDAQ:RNXTOptical CableNASDAQ:OCCOncternal TherapeuticsNASDAQ:ONCTView 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 brokers have issued 12-month target prices for Flora Growth's shares. Their FLGC share price targets range from $7.00 to $7.00. On average, they expect the company's stock price to reach $7.00 in the next twelve months. This suggests a possible upside of 343.0% 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 on January 1st, 2024. Since then, FLGC shares have increased by 17.0% and is now trading at $1.58. View the best growth stocks for 2024 here. Are investors shorting Flora Growth? Flora Growth saw a drop in short interest during 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 volume of 740,900 shares, the short-interest ratio is currently 0.8 days. Currently, 7.3% of the shares of the stock 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? Flora Growth's stock reverse split 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. 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