Flora Growth Corp (NASDAQ:FLGC) price on Thursday, July 03, rose 0.08% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.6.
A look at the stock’s price movement, the close in the last trading session was $0.59, moving within a range at $0.5951 and $0.62. The beta value (5-Year monthly) was 2.04. Turning to its 52-week performance, $2.11 and $0.42 were the 52-week high and 52-week low respectively. Overall, FLGC moved -9.90% over the past month.
Flora Growth Corp’s market cap currently stands at around $13.43 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-13.
Turning to the stock’s technical picture we see that short term indicators suggest on average that FLGC is a Hold. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 1 recommend FLGC as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
FLGC’s current price about -10.48% and -8.77% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 40.16, while 7-day volatility ratio is 7.14% and 8.51% in the 30-day chart. Further, Flora Growth Corp (FLGC) has a beta value of 1.97. Analysts have given the company’s stock an average 52-week price target of $173.5, forecast between a low of $7 and high of $340. Looking at the price targets, the low is -1066.67% off current price level while to achieve the yearly target high, price needs to move -56566.67%. Nonetheless, investors will most likely welcome a -28816.67% jump to $173.5 which is the analysts’ median price.
If we refocus on Flora Growth Corp (NASDAQ:FLGC), historical trading data shows that trading volumes averaged 91260.0 over the past 10 days and 180.48K over the past 3 months. The company’s latest data on shares outstanding shows there are 19.44 million shares.
The 34.65% of Flora Growth Corp’s shares are in the hands of company insiders while institutional holders own 3.96% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.13 million on 2025-06-13, giving us a short ratio of 1.16. The data shows that as of 2025-06-13 short interest in Flora Growth Corp (FLGC) stood at 67.00000299999999 of shares outstanding, with shares short falling to 0.21 million registered in 2025-05-15. Current price change has pushed the stock -39.89% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the FLGC stock continues to rise going into the next quarter.
