Flora Growth Corp Stock Today
| FLGC Stock | USD 1.36 0.18 11.69% |
Performance5 of 100
| Odds Of DistressOver 79
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Flora Growth is trading at 1.36 as of the 29th of April 2024, a -11.69% down since the beginning of the trading day. The stock's open price was 1.54. Flora Growth has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Flora Growth Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2024 and ending today, the 29th of April 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 12.82 M outstanding shares of which 566.28 K shares are currently shorted by private and institutional investors with about 0.28 trading days to cover. More on Flora Growth Corp
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Follow Valuation Profit Patterns Odds of Bankruptcy
Financial Report 20th of May 2024
Flora Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Flora Growth's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Flora Growth or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| 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, Drugs, Health Management, Health Care, Biotechnology, Drug Manufacturers—Specialty & Generic, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Flora Growth report their recommendations after researching Flora Growth's financial statements, talking to executives and customers, or listening in on Flora Growth's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Flora Growth Corp. The Flora consensus assessment is calculated by taking the average forecast from all of the analysts covering Flora Growth. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators obtained from Flora Growth's historical financial statements, Flora Growth Corp is not in a good financial situation at this time. It has a very high odds of going through financial crisis in May. Financial strength of Flora Growth Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Flora Growth's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Flora Growth's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to 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 17.43 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Flora Growth's market, we take the total number of its shares issued and multiply it by Flora Growth's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Flora Growth Corp conducts business under Biotechnology sector and is part of Health Care industry. The entity has 12.82 M outstanding shares of which 566.28 K shares are currently shorted by private and institutional investors with about 0.28 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.
Check Flora Growth Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Flora Growth Corp is $17.43 Million. Flora Growth Corp shows 14.76 percent of its outstanding shares held by insiders and 9.90899999999999 percent owned by other corporate entities. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Flora Ownership Details
Flora Stock Price Odds Analysis
What are Flora Growth's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Flora Growth jumping above the current price in 90 days from now is about 53.19%. The Flora Growth Corp probability density function shows the probability of Flora Growth stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.7761. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Flora Growth will likely underperform. Additionally, flora Growth Corp has an alpha of 0.2204, implying that it can generate a 0.22 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Flora Growth to move above the current price in 90 days from now is about 53.19 (This Flora Growth Corp probability density function shows the probability of Flora Stock to fall within a particular range of prices over 90 days) .
Flora Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Flora Growth that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Flora Growth's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Flora Growth's value.| Instituion | Recorded On | Shares | |
| Advisory Services Network, Llc | 2023-12-31 | 116 | |
| Hanson Mcclain Inc | 2023-12-31 | 72.0 | |
| Nelson, Van Denburg & Campbell Wealth Management Group, Llc | 2023-12-31 | 60.0 | |
| Wells Fargo & Co | 2023-12-31 | 55.0 | |
| Gradient Investments | 2023-12-31 | 50.0 | |
| Toth Financial Advisory Corp | 2023-12-31 | 45.0 | |
| Bank Of America Corp | 2023-12-31 | 39.0 | |
| Pnc Financial Services Group Inc | 2023-12-31 | 38.0 | |
| Focused Wealth Strategies, Inc. | 2023-12-31 | 33.0 | |
| Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 988.4 K | |
| Renaissance Technologies Corp | 2023-12-31 | 60.6 K |
Flora Growth Historical Income Statement
Flora Growth Corp Income Statement is one of the three primary financial statements used for reporting Flora's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Flora Growth Corp revenue and expense. Flora Growth Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Flora Growth's Cost Of Revenue is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 19.2 M, whereas Depreciation And Amortization is forecasted to decline to about 1.3 M. View More FundamentalsFlora Stock Against Markets
Picking the right benchmark for Flora Growth stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Flora Growth stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Flora Growth is critical whether you are bullish or bearish towards Flora Growth Corp at a given time. Please also check how Flora Growth's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Flora Growth without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Flora Growth Corporate Management
Elected by the shareholders, the Flora Growth's board of directors comprises two types of representatives: Flora Growth inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Flora. The board's role is to monitor Flora Growth's management team and ensure that shareholders' interests are well served. Flora Growth's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Flora Growth's outside directors are responsible for providing unbiased perspectives on the board's policies.
| 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 |
How to buy Flora Stock?
Before investing in Flora Growth, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Flora Growth. To buy Flora Growth stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Flora Growth. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Flora Growth stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Flora Growth Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Flora Growth Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Flora Growth Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Flora Stock please use our How to Invest in Flora Growth guide.
Already Invested in Flora Growth Corp?
The danger of trading Flora Growth Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Flora Growth is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Flora Growth. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Flora Growth Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Flora Growth Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Flora Growth's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Flora Growth Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Flora Growth Corp Stock: 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 tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Flora Growth Corp information on this page should be used as a complementary analysis to other Flora Growth's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Flora Stock analysis
When running Flora Growth's price analysis, check to measure Flora Growth's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Flora Growth is operating at the current time. Most of Flora Growth's value examination focuses on studying past and present price action to predict the probability of Flora Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flora Growth's price. Additionally, you may evaluate how the addition of Flora Growth to your portfolios can decrease your overall portfolio volatility.
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Is Flora Growth's industry 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 (6.34) | Revenue Per Share 10.341 | Quarterly Revenue Growth 0.704 | Return On Assets (0.13) | Return On Equity (1.49) |
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.