During the last session, Flora Growth Corp (NASDAQ:FLGC)’s traded shares were 0.37 million, with the beta value of the company hitting 2.02. At the end of the trading day, the stock’s price was $1.36, reflecting an intraday loss of -11.69% or -$0.18. The 52-week high for the FLGC share is $5.48, that puts it down -302.94 from that peak though still a striking 53.68% gain since the share price plummeted to a 52-week low of $0.63. The company’s market capitalization is $14.52M, and the average trade volume was 765.62K shares over the past three months.
Flora Growth Corp (NASDAQ:FLGC) trade information
Flora Growth Corp (FLGC) registered a -11.69% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -11.69% in intraday trading to $1.36, hitting a weekly high. The stock’s 5-day price performance is -12.82%, and it has moved by -39.01% in 30 days. Based on these gigs, the overall price performance for the year is -67.62%.
Flora Growth Corp (FLGC) estimates and forecasts
Statistics show that Flora Growth Corp has outperformed its competitors in share price, compared to the industry in which it operates. Flora Growth Corp (FLGC) shares have gone up 88.31% during the last six months, with a year-to-date growth rate more than the industry average at 70.35% against 18.30. In the rating firms’ projections, revenue will increase 3.70% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 18.14M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 20.72M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 20.11M and 20.82M respectively. In this case, analysts expect current quarter sales to shrink by -9.80% and then drop by -0.50% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -83.38%. While earnings are projected to return 92.06% in 2024.
FLGC Dividends
Flora Growth Corp is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
