Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of 22nd Century Group Inc (NASDAQ: XXII) was $5.10 for the day, down -17.61% from the previous closing price of $6.19. In other words, the price has decreased by -$17.61 from its previous closing price. On the day, 0.72 million shares were traded. XXII stock price reached its highest trading level at $6.5 during the session, while it also had its lowest trading level at $5.0.
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 0.93 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 2.70 whereas as Long-Term Debt/Eq ratio is at 2.03.
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.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 12 ’24 when FIRESTONE LAWRENCE bought 39,000 shares for $0.27 per share. The transaction valued at 10,468 led to the insider holds 54,250 shares of the business.
FIRESTONE LAWRENCE bought 9,000 shares of XXII for $9,829 on May 30 ’24. The Chief Executive Officer now owns 15,250 shares after completing the transaction at $1.09 per share.
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 2822931 and an Enterprise Value of 72902952. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10 while its Price-to-Book (P/B) ratio in mrq is 0.32. Its current Enterprise Value per Revenue stands at 7.351 whereas that against EBITDA is -4.044.
Stock Price History:
The Beta on a monthly basis for XXII is 1.59, which has changed by -0.9864304 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, XXII has reached a high of $581.85, while it has fallen to a 52-week low of $3.90. The 50-Day Moving Average of the stock is -46.86%, while the 200-Day Moving Average is calculated to be -93.86%.
Shares Statistics:
XXII traded an average of 858.94K shares per day over the past three months and 4935430 shares per day over the past ten days. A total of 0.55M shares are outstanding, with a floating share count of 0.50M. Insiders hold about 9.35% of the company’s shares, while institutions hold 6.07% stake in the company. Shares short for XXII as of 1735603200 were 91476 with a Short Ratio of 0.11, compared to 1732838400 on 2122. Therefore, it implies a Short% of Shares Outstanding of 91476 and a Short% of Float of 16.540001.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
