Is Flora Growth Corp (NASDAQ: FLGC) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Drug Manufacturers – Specialty & Generic industry segment, falling under the Healthcare sector. The current market capitalization of Flora Growth Corp is $13.43M. A total of 71171.0 shares were traded on the day, compared to an average of 180.48K shares.

In the most recent transaction, Starke Clifford bought 6,795 shares of FLGC for 0.95 per share on Sep 13 ’24. After the transaction, the CEO now owns 6,846 company shares. In a previous transaction on Sep 06 ’24, Wolkin Harold bought 25,000 shares at 0.97 per share. FLGC shares that Director owns now total 25,000.

Among the insiders who bought shares, Starke Clifford acquired of 51 shares on Sep 05 ’24 at a per-share price of $0.95. This resulted in the CEO holding 474,046 shares of FLGC after the transaction.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, FLGC has a high of $2.11 and a low of $0.42.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. FLGC’s latest balance sheet shows that the firm has $37.61M in Cash & Short Term Investments as of fiscal 2021. There were $1.34M in debt and $6.12M in liabilities at the time. Its Book Value Per Share was $0.24, while its Total Shareholder’s Equity was $76.94M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FLGC is Buy with a score of 5.00.

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