Flora Growth Corp Stock Today
| FLGC Stock | USD 1.05 0.04 3.96% |
Performance0 of 100
| Odds Of DistressOver 81
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Flora Growth is trading at 1.05 as of the 24th of December 2024, a 3.96% increase since the beginning of the trading day. The stock's open price was 1.01. Flora Growth has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 24th of November 2024 and ending today, the 24th of December 2024. Click here to learn more.
Business Domain Pharmaceuticals, Biotechnology & Life Sciences | IPO Date 11th of May 2021 | Category Healthcare | Classification Health Care |
Flora Growth Corp., together with its subsidiaries, engages in the growth, cultivation, and development of medicinal cannabis and medicinal cannabis derivative products to pharmacies, medical clinics, and cosmetic companies worldwide. Flora Growth Corp. The company has 17.28 M outstanding shares of which 403.55 K shares are currently shorted by private and institutional investors with about 1.66 trading days to cover. More on Flora Growth Corp
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Flora Stock Highlights
| CEO Director | Clifford Starke | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Fanlogic Interactive Inc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Biotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Health Care, Drugs, Health Management, Health Care, Biotechnology, Drug Manufacturers—Specialty & Generic, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsFlora Growth can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Flora Growth's financial leverage. It provides some insight into what part of Flora Growth's total assets is financed by creditors.
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Flora Growth Corp (FLGC) is traded on NASDAQ Exchange in USA. It is located in 3406 SW 26th Terrace, Fort Lauderdale, FL, United States, 33132 and employs 97 people. Flora Growth is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 18.14 M. Flora Growth Corp conducts business under Biotechnology sector and is part of Health Care industry. The entity has 17.28 M outstanding shares of which 403.55 K shares are currently shorted by private and institutional investors with about 1.66 trading days to cover.
Flora Growth Corp currently holds about 10.27 M in cash with (8.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.13.
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Ownership AllocationFlora Growth holds a total of 17.28 Million outstanding shares. Flora Growth Corp retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Flora Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Bank Of America Corp | 2024-09-30 | 127 | |
| Fmr Inc | 2024-09-30 | 96.0 | |
| Nelson, Van Denburg & Campbell Wealth Management Group, Llc | 2024-09-30 | 60.0 | |
| Toth Financial Advisory Corp | 2024-09-30 | 45.0 | |
| Pnc Financial Services Group Inc | 2024-09-30 | 13.0 | |
| Northwestern Mutual Wealth Management Co | 2024-09-30 | 11.0 | |
| Trust Co Of Vermont | 2024-09-30 | 8.0 | |
| Hanson Mcclain Inc | 2024-06-30 | 0.0 | |
| Wells Fargo & Co | 2024-06-30 | 0.0 | |
| Renaissance Technologies Corp | 2024-09-30 | 131.1 K | |
| Geode Capital Management, Llc | 2024-09-30 | 106.2 K |
Flora Growth Historical Income Statement
Flora Stock Against Markets
Flora Growth Corporate Management
| CPA CPA | Chief Officer | Profile | |
| Holly Bell | Vice Affairs | Profile | |
| Matthew Cohen | G Counsel | Profile | |
| Aaron Atin | Corporate Secretary | Profile | |
| Javier Franco | VP Agriculture | Profile | |
| FCA FCA | Advisor | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flora Growth Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Flora Growth. If investors know Flora will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Flora Growth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.35) | Revenue Per Share 7.41 | Quarterly Revenue Growth (0.27) | Return On Assets (0.17) | Return On Equity (1.35) |
The market value of Flora Growth Corp is measured differently than its book value, which is the value of Flora that is recorded on the company's balance sheet. Investors also form their own opinion of Flora Growth's value that differs from its market value or its book value, called intrinsic value, which is Flora Growth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Flora Growth's market value can be influenced by many factors that don't directly affect Flora Growth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Flora Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Flora Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flora Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.