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The closing price of 22nd Century Group Inc (NASDAQ: XXII) was $1.58 for the day, down -0.63% from the previous closing price of $1.59. In other words, the price has decreased by -$0.63 from its previous closing price. On the day, 0.64 million shares were traded. XXII stock price reached its highest trading level at $1.64 during the session, while it also had its lowest trading level at $1.55.
Ratios:
Our analysis of XXII’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.61 and its Current Ratio is at 0.77. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.23.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for this company, Alliance Global Partners on July 21, 2022, initiated with a Buy rating and assigned the stock a target price of $5.
On June 15, 2022, Craig Hallum started tracking the stock assigning a Buy rating and target price of $5. On March 08, 2022, ROTH Capital started tracking the stock assigning a Buy rating and target price of $6.ROTH Capital initiated its Buy rating on March 08, 2022, with a $6 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, XXII now has a Market Capitalization of 5974757 and an Enterprise Value of 7896918. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 0.13. Its current Enterprise Value per Revenue stands at 0.37 whereas that against EBITDA is -0.661.
Stock Price History:
The Beta on a monthly basis for XXII is 1.94, which has changed by -0.99814963 over the last 52 weeks, in comparison to a change of 0.16333759 over the same period for the S&P500. Over the past 52 weeks, XXII has reached a high of $978.08, while it has fallen to a 52-week low of $1.56. The 50-Day Moving Average of the stock is -34.37%, while the 200-Day Moving Average is calculated to be -96.63%.
Shares Statistics:
XXII traded an average of 1.44M shares per day over the past three months and 3211080 shares per day over the past ten days. A total of 3.78M shares are outstanding, with a floating share count of 3.71M. Insiders hold about 1.82% of the company’s shares, while institutions hold 0.88% stake in the company. Shares short for XXII as of 1756425600 were 104589 with a Short Ratio of 0.07, compared to 1753920000 on 132724. Therefore, it implies a Short% of Shares Outstanding of 104589 and a Short% of Float of 2.77.
