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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 $0.35, down 13.02% from the previous day, and has decreased 80.76% in one year. It has underperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.49 percentage points. Flora Growth stock is currently +85.34% from its 52-week low of $0.19, and -85.13% from its 52-week high of $2.38.

There are currently 77.38M FLGC shares outstanding. The market cap of FLGC is $27.39M. In the last 24 hours, 2.69M FLGC shares were traded.

How to Buy Flora Growth Stock

Wondering how to invest in Flora Growth stock? Here's how.
  1. Figure out where to buy Flora Growth stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Flora Growth stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Choose your payment method and add your information.
  4. 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 research tools can help you understand if FLGC is a good stock to buy).
  5. Execute your FLGC trade: Decide if you will purchase FLGC shares at the current market price or use a limit order to buy FLGC shares at a particular price.
  6. Keep an eye on your investment in FLGC: Create a watchlist to keep tabs on your new investment in Flora Growth shares.

Step 1: Figure out where to buy Flora Growth stock

You need an online brokerage account in order to access the NASDAQ market and buy FLGC stock.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
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Step 2: Create a brokerage account

Now that you've selected the best brokerage, you need to fill out some personal information so you are able to invest in FLGC today.

How to Start a New Account on eToro

  1. Click here to get started.
  2. Provide your personal details to open a new brokerage account.
  1. Send your data by pressing the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you have opened your account on apps for stocks, you need to deposit funds:

Check out this video walkthrough if you need help transferring funds into your brokerage account.

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Step 4: Research Flora Growth stock

After you have chosen the best place to buy Flora Growth stock, it's crucial to research their stock prior to buying, so you truly wrap your head around the risk as well as the opportunity.

Flora Growth Metrics

FLGC Price
$0.35
1w %
18%
1y %
-80.76%
5y %
N/A
P/E
N/A
P/B
0.51x
P/S
N/A
PEG
N/A
Revenue
N/A
Earnings
N/A
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$27.39M
Next Earnings
N/A
Next Dividend
N/A

FLGC Overview

WallStreetZen was built to help everyday investors do more accurate fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on FLGC's stock page.

Is FLGC stock undervalued or overvalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge FLGC's true value.

Using relative valuations methods:

  • FLGC could be undervalued based on its P/B ratio of 0.51x, relative to Drug Manufacturers - Specialty & Generic industry P/B ratio of 1.9x

You can access additional valuation analysis on FLGC's stock here.

A look at FLGC Cashflows and Balance Sheet

Positive Health Checks:

  • There are more short-term assets than long-term liabilities on the FLGC balance sheet.
  • FLGC has a low debt to equity ratio of 0.35.
  • There are more short-term assets than short-term liabilities on the FLGC balance sheet.

Is Flora Growth stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 3 Wall Street analysts who research FLGC, the consensus analyst rating on Flora Growth is a Strong Buy

It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.

Latest FLGC Analyst Ratings

Steve Silver, a bottom 38% analyst from Argus Research maintains FLGC with a strong buy rating and maintains their FLGC price target from $3.00 to $3.00, on Feb 1, 2023.

Aaron Grey, a bottom 4% analyst from Alliance Global Partners maintains FLGC with a strong buy rating and lowers their FLGC price target from $2.50 to $2.00, on Oct 25, 2022.

Pablo Zuanic, a top 4% analyst from Cantor Fitzgerald initiates coverage on FLGC with a hold rating and announces their FLGC price target of $0.85, on Aug 1, 2022.

You can dig deeper into what analysts are forecasting on the Flora Growth stock forecast page.

FLGC Technical Indicators

SMA10
0.32
SMA20
0.28
SMA50
0.31
SMA100
0.48
SMA200
0.7
MACD
0.02
MACD Signal
0
MACD Histogram
0.02
RSI
58.77
Stochastic %K
44.89
Stochastic %D
51.84
StochRSI %K
80.94
StochRSI %D
90.5

Who is buying/selling FLGC?

In the past 12 months, executives and large shareholders at FLGC have not bought or sold any shares.

Research more about who owns FLGC stock here.

Does FLGC provide a stable income stream?

No, Flora Growth doesn't provide an income stream by paying out dividends.

What do other investors have to say about FLGC?

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Execute your FLGC trade

You have two main options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a specific price, place a limit order.

Hit the Open Trade button and your broker will execute your order.

If you need additional assistance buying stocks on eToro, watch the how to video below:

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Step 6: Keep an eye on your investment in FLGC

Now that you own some FLGC stock, you'll want to keep up with your shares.

Add FLGC to a watchlist to get alerted to the latest events about your FLGC stock.

FLGC Feed

How to Buy Stock in Flora Growth

To reiterate, here are the 6 steps for buying Flora Growth stock:

  1. Figure out where to buy Flora Growth stock
  2. Create a brokerage account
  3. Put funds into your investment account
  4. Research Flora Growth stock
  5. Execute your FLGC trade
  6. Keep an eye on your investment in FLGC

If you require a brokerage account, eToro is our recommended option.

Get Started with eToro Today

If you would like to get updates on your investment in Flora Growth, create a watchlist on WallStreetZen today.

NASDAQ: FLGC
$0.35-0.05 (-13.02%)
Updated Feb 6, 2023
Open eToro Account
NASDAQ: FLGC
$0.35-0.05 (-13.02%)
Updated Feb 6, 2023
Open eToro Account

FAQ

How much does it cost to buy one Flora Growth share?

As of Feb 6, 2023, it costs $0.35 to buy one share of Flora Growth stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.18, you can buy 0.5 shares of FLGC.

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Is now a good time to buy Flora Growth stock?

According to 3 Wall Street analysts who monitor Flora Growth, their consensus recommendation is to buy Flora Growth stock.

What is the best way to buy Flora Growth stock?

One way to place an order for Flora Growth stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.