How to Buy Flora Growth Stock
Flora Growth Corp
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 stock last closed at $29.81, up 6.85% from the previous day, and has decreased 34.11% in one year. It has underperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.14 percentage points. Flora Growth stock is currently +96.77% from its 52-week low of $15.15, and -63.77% from its 52-week high of $82.29.
There are currently 578,683 shares of FLGC outstanding. The market cap of FLGC is $17.25M. In the past 24 hours, 38,300 FLGC shares were traded.
How to Buy Flora Growth Stock
Not sure how to invest in Flora Growth stock? Here's how.
- Figure out where to buy Flora Growth stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Flora Growth stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Select your payment method and add your information.
- Research Flora Growth stock: The Flora Growth ticker symbol is FLGC. Is Flora Growth stock a good investment? Should you buy shares of FLGC? How do FLGC's underlying business fundamentals look? Do top analysts think Flora Growth is a good buy? Why has FLGC's stock price moved recently? (Hint: Our stock market analysis website can help you understand if FLGC is a good stock to buy).
- Execute your FLGC trade: Decide if you will purchase FLGC shares at the current market price or use a limit order to buy FLGC stock at a specific price.
- Keep an eye on your investment in FLGC: Create a watchlist to important notifications about your new investment in Flora Growth shares.
Step 1: Figure out where to buy Flora Growth stock
You will need a brokerage account to access the NASDAQ market and buy FLGC shares.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best stock brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without commissions.
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- Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by creating an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked your brokerage, you need to fill out some personal info so you can invest in FLGC today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create your new brokerage account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've filled out your info on app for stock, you can securely and quickly fund your account:
Check out the video below for more details depositing funds into your investment account.
Step 4: Research Flora Growth stock
After you have figured out the best place to buy Flora Growth stock, it's absolutely critical to analyze their stock before you buy, so you actually comprehend the risk as well as the upside.
Flora Growth quick stats
Flora Growth Due Diligence Score
WallStreetZen was built to help average investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on FLGC's stock page.
What is the fair value of FLGC stock?
Investors use many financial metrics, analyses, models, and charts to gauge FLGC's intrinsic value.
Using relative valuations metrics:
- FLGC could be overvalued based on its P/B ratio of 4.29x, relative to Drug Manufacturers - Specialty & Generic industry P/B ratio of 2.24x
You can access more valuation analysis on FLGC's stock here.
FLGC Financial Summary
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the FLGC balance sheet.
- FLGC has $2.65M in cash and short term investments. This is enough to cover its annual cash burn of $9.15M.
Negative Health Checks:
- There are more short-term liabilities than short-term assets on the FLGC balance sheet.
- FLGC has a relatively high debt to equity ratio of 4.63.
- FLGC profit margin has gone down from -20.6% to -25% in the past year.
- FLGC has cash burn of 9152000. It does not have enough cash and short-term investments to cover this.
You can dive deeper into what analysts are saying on the Flora Growth stock forecast page.
FLGC Technical Indicators
FLGC Earnings
Last year, FLGC revenue was $52.37M. Over the last four year, FLGC's revenue has grown by 120.29% per year. This was faster than the Drug Manufacturers - Specialty & Generic industry average of 10.24%.
Find out more about FLGC's earnings and revenue performance here.
Are FLGC insiders buying or selling the stock?
In the past 12 months, executives and large shareholders at FLGC have not bought or sold any shares.
Dig into more about who owns FLGC stock here.
Can I rely on FLGC as an income stream?
No, Flora Growth doesn't provide an income stream by paying out dividends.
FLGC Social Trading Data
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your FLGC trade
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount, place a limit order.
Click the Open button and eToro will execute your order.
If you want more help buying stocks on eToro, click the how to video below:
Step 6: Keep an eye on your investment in FLGC
Now that you own some shares in FLGC, you'll want to keep up with your new stock purchase.
Add FLGC to a watchlist to keep track of your FLGC stock.
FLGC Feed
How to Buy Stock in Flora Growth
To summarize, here are the 6 steps to buy Flora Growth stock:
- Figure out where to buy Flora Growth stock
- Create a brokerage account
- Put funds into your investment account
- Research Flora Growth stock
- Execute your FLGC trade
- Keep an eye on your investment in FLGC
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep tabs on your investment in Flora Growth, hit the button below to create your watchlist.
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