Flora Growth Corp Shares Close the Week 20.0% Lower - Weekly Wrap
The company saw its shares close the week 20.0% lower than last week, with trading volume lower than its 30 day average.
Sep 17, 2021 by Kwhen Finance Editors
Flora Growth Corp (FLGC) shares closed this week 20.0% lower than it did at the end of last week. The stock is currently up 23.4% year-to-date, up 23.4% over the past 12 months, and up 23.4% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 fell 0.4%.
Trading Activity
- Shares traded as high as $7.50 and as low as $5.65 this week.
- Trading volume this week was 19.6% higher than the 10-day average and 51.1% lower than the 30-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
- The company's share price lags the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis
- The company's share price lags the Dow Jones Industrial Average this week, lags it on a 1-year basis, and lags it on a 5-year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Flora Growth Corp | -8.3 | 23.4 | 23.4 | ||
| Dow Jones Industrial Average | -0.2 | 15.1 | 26.1 | -2.6 | 34.6 |
| S&P 500 Index | -0.2 | 20.4 | 33.9 | -2.0 | 40.6 |
| Technology Industry | 1.0 | -53.0 | -71.2 | -74.7 | 4.6 |
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