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 $1.54, down 0.65% from the previous day, and has decreased 64.84% in one year. It has underperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.56 percentage points. Flora Growth stock is currently +144.44% from its 52-week low of $0.63, and -71.9% from its 52-week high of $5.48.
There are currently 8.98M shares of FLGC outstanding. The market cap of FLGC is $13.84M. In the past 24 hours, 277,548 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:
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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.
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 Zen 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 2.16x, relative to Drug Manufacturers - Specialty & Generic industry P/B ratio of 2.07x
You can access more valuation analysis on FLGC's stock here.
FLGC Financial Summary
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the FLGC balance sheet.
- There are more short-term assets than long-term liabilities on the FLGC balance sheet.
Negative Health Checks:
- FLGC has a relatively high debt to equity ratio of 2.69.
- FLGC has cash burn of 8559000. It does not have enough cash and short-term investments to cover this.
- FLGC profit margin has gone up by 0.84 percentage points in the past year, but the company is still unprofitable.
- FLGC has $4.39M in cash and short term investments. This is not enough to cover its annual cash burn of $8.56M.
Is FLGC stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Wall Street analysts who give ratings on FLGC, the consensus analyst rating on FLGC is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Flora Growth stock forecast page.
FLGC Trading Indicators
Is FLGC Making Money?
Last year, FLGC revenue was $76.07M. In the past three year, FLGC's revenue has gone up by 894.89% per year. This was faster than the Drug Manufacturers - Specialty & Generic industry average of 30.67%.
Find out more about FLGC's earnings and revenue performance here.
What are FLGC insiders up to?
Over the past year, insiders at FLGC have bought more shares than they have sold.
Clifford Starke, CEO of FLGC, was the latest FLGC insider to buy. They bought $999,998.50 worth of FLGC stock on Apr 8, 2024.
Get more info about who owns FLGC shares here.
Can I rely on FLGC as an 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 traders have to say.
Step 5: Execute your FLGC trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
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 be certain you're buying or selling at a specific price, place a limit order.
Click the Open button and eToro will place the order.
If you want additional help buying stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your investment in FLGC
Now that you own some FLGC shares, you'll want to stay up-to-date on your company.
Add FLGC to a watchlist to see the latest developments about your FLGC stock.
FLGC Feed
How to Buy Stock in Flora Growth
To summarize, here are the 6 steps you need to take to buy Flora Growth stock right now:
- 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 brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get notifications regarding your investment in Flora Growth, create a watchlist today.
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