Flora Growth (NASDAQ:FLGC – Get Free Report) is anticipated to release its earnings data before the market opens on Thursday, March 27th. Analysts expect Flora Growth to post earnings of ($0.11) per share for the quarter.
Flora Growth Stock Down 2.5 %
Shares of NASDAQ FLGC opened at $0.65 on Thursday. Flora Growth has a 52-week low of $0.59 and a 52-week high of $2.93. The firm has a fifty day moving average of $0.82 and a 200-day moving average of $1.18. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.02 and a quick ratio of 0.64.
Analyst Ratings Changes
Separately, Aegis initiated coverage on shares of Flora Growth in a research note on Monday, November 25th. They set a “buy” rating and a $4.00 price objective for the company.
About Flora Growth
Flora Growth Corp., together with its subsidiaries, engages in the growth, cultivation, and development of medicinal cannabis and medicinal cannabis derivative products worldwide. It operates through three segments: House of Brands, Commercial and Wholesale, and Pharmaceuticals. The company cultivates, processes, and supplies medicinal-grade cannabis flower, and cannabis derived medical and wellness products.
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