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The closing price of 22nd Century Group Inc (NASDAQ: XXII) was $0.87 for the day, down -0.62% from the previous closing price of $0.87. In other words, the price has decreased by -$0.62 from its previous closing price. On the day, 83918.0 shares were traded. XXII stock price reached its highest trading level at $0.8725 during the session, while it also had its lowest trading level at $0.842.
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 1.90 and its Current Ratio is at 2.17. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.18.
Upgrades & Downgrades
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 6058679 and an Enterprise Value of 5121679. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.34 while its Price-to-Book (P/B) ratio in mrq is 0.33. Its current Enterprise Value per Revenue stands at 0.252 whereas that against EBITDA is -0.434.
Stock Price History:
The Beta on a monthly basis for XXII is 0.99, which has changed by -0.9927839 over the last 52 weeks, in comparison to a change of 0.14446163 over the same period for the S&P500. Over the past 52 weeks, XXII has reached a high of $287.27, while it has fallen to a 52-week low of $0.78. The 50-Day Moving Average of the stock is -25.72%, while the 200-Day Moving Average is calculated to be -91.43%.
Shares Statistics:
XXII traded an average of 1.13M shares per day over the past three months and 167090 shares per day over the past ten days. A total of 6.99M shares are outstanding, with a floating share count of 6.71M. Insiders hold about 3.99% of the company’s shares, while institutions hold 3.49% stake in the company. Shares short for XXII as of 1764288000 were 254700 with a Short Ratio of 0.15, compared to 1761868800 on 487693. Therefore, it implies a Short% of Shares Outstanding of 254700 and a Short% of Float of 3.65.
Earnings Estimates
The market rating for 22nd Century Group Inc (XXII) is a result of the insights provided by 1 analysts actively involved in the assessment.The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.08 and low estimates of -$0.08.
Analysts are recommending an EPS of between -$0.6 and -$0.6 for the fiscal current year, implying an average EPS of -$0.6. EPS for the following year is -$0.06, with 1.0 analysts recommending between -$0.06 and -$0.06.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $4.61M. There is a high estimate of $4.61M for the next quarter, whereas the lowest estimate is $4.61M. Based on 1 analysts’ estimates, the company’s revenue will be $32.5M in the next fiscal year. The high estimate is $32.5M and the low estimate is $32.5M.
