Flora Growth Corp (NASDAQ:FLGC)’s traded shares stood at 0.49 million during the last session, with the company’s beta value hitting 1.96. At the close of trading, the stock’s price was $1.02, to imply a decrease of -8.11% or -$0.09 in intraday trading. The FLGC share’s 52-week high remains $2.93, putting it -187.25% down since that peak but still an impressive 26.47% since price per share fell to its 52-week low of $0.75. The company has a valuation of $17.62M, with an average of 1.29 million shares in intraday trading volume over the past 10 days and average of 605.10K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Flora Growth Corp (FLGC), translating to a mean rating of 1.00. Of 2 analyst(s) looking at the stock, 0 analyst(s) give FLGC a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 1 recommend it as a Buy.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Flora Growth Corp (NASDAQ:FLGC) trade information
After registering a -8.11% downside in the last session, Flora Growth Corp (FLGC) has traded red over the past five days. The 5-day price performance for the stock is 0.99%, and -34.19% over 30 days. With these gigs, the year-to-date price performance is -24.44%. Short interest in Flora Growth Corp (NASDAQ:FLGC) saw shorts transact 0.9 million shares and set a 1.66 days time to cover.
The extremes give us $7 and $340 for target low and target high price respectively. As such, FLGC has been trading -33233.33% off suggested target high and -586.27% from its likely low.
Flora Growth Corp (FLGC) estimates and forecasts
Looking at statistics comparing Flora Growth Corp share performance against respective industry, we note that the company has outperformed competitors.
FLGC Dividends
Flora Growth Corp has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Flora Growth Corp (NASDAQ:FLGC)’s Major holders
Flora Growth Corp insiders hold 23.02% of total outstanding shares, with institutional holders owning 3.39% of the shares at 4.40% float percentage. In total, 3.39% institutions holds shares in the company, led by GLOBAL FINANCIAL PRIVATE CLIENT, LLC. As of 2024-06-30, the company held over 249.0 shares (or 0.0028% of shares), all amounting to roughly $254.0.
The next major institution holding the largest number of shares is FARTHER FINANCE ADVISORS, LLC with 99.0 shares, or about 0.0011% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $98.0.
We also have Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Flora Growth Corp (FLGC) shares. Going by data provided on Sep 30, 2024 , Vanguard Extended Market Index Fund holds roughly 88.78 shares. This is just over 0.62% of the total shares, with a market valuation of $90555.0. Data from the same date shows that the other fund manager holds a little less at 62.16, or 0.43% of the shares, all valued at about 63408.0.
