In last trading session, Flora Growth Corp (NASDAQ:FLGC) saw 0.32 million shares changing hands with its beta currently measuring 1.99. Company’s recent per share price level of $1.69 trading at $0.05 or 3.05% at ring of the bell on the day assigns it a market valuation of $21.67M. That closing price of FLGC’s stock is at a discount of -224.26% from its 52-week high price of $5.48 and is indicating a premium of 62.72% from its 52-week low price of $0.63. Taking a look at company’s average trading volume volume of 835.18K if we extend that period to 3-months.
Flora Growth Corp (NASDAQ:FLGC) trade information
Upright in the green during last session for gaining 3.05%, in the last five days FLGC remained trading in the green while hitting it’s week-highest on Thursday, 05/02/24 when the stock touched $1.69 price level, adding 5.06% to its value on the day. Flora Growth Corp’s shares saw a change of 25.19% in year-to-date performance and have moved 24.26% in past 5-day. Flora Growth Corp (NASDAQ:FLGC) showed a performance of -23.18% in past 30-days.
Flora Growth Corp (FLGC) estimates and forecasts
Statistics highlight that Flora Growth Corp is scoring comparatively higher than the scores of other players of the relevant industry. The company added 124.14% of value to its shares in past 6 months, showing an annual growth rate of 70.35% while that of industry is 18.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 3.70% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 18.14M for the same. And 2 analysts are in estimates of company making revenue of 20.72M in the next quarter. Company posted 20.11M and 20.82M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -83.38% during past 5 years.
FLGC Dividends
Flora Growth Corp is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
