Flora Growth Corp. (FLGC) is priced at $6.31 after the most recent trading session. At the very opening of the session, the stock price was $7.21 and reached a high price of $7.31, prior to closing the session it reached the value of $7.13. The stock touched a low price of $6.30.Recently in News on September 13, 2021, Flora Beauty’s Mind Naturals Recognized As Trendsetting Brand At Cosmoprof North America. Mind Naturals CBD Rich Moisturizer was selected by Cosmoprof North America and BEAUTYSTREAMS for its innovation and recognized as a trendsetting brand & product . You can read further details here
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Flora Growth Corp. shares are logging -70.58% during the 52-week period from high price, and 121.40% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $2.85 and $21.45.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 946636 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Flora Growth Corp. (FLGC) recorded performance in the market was 31.73%, having the revenues showcasing 72.88% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 274.86M, as it employees total of 162 workers.
Market experts do have their say about Flora Growth Corp. (FLGC)
During the last month, 0 analysts gave the Flora Growth Corp. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for FLGC is recording 0.04 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.02.
Technical breakdown of Flora Growth Corp. (FLGC)
Raw Stochastic average of Flora Growth Corp. in the period of last 50 days is set at 18.56%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 0.07%. In the last 20 days, the company’s Stochastic %K was 1.04% and its Stochastic %D was recorded 1.19%.
Bearing in mind the latest performance of Flora Growth Corp., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 31.73%. The shares increased approximately by -28.13% in the 7-day charts and went up by -50.12% in the period of the last 30 days. Common stock shares were driven by 72.88% during last recorded quarter.