For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of 22nd Century Group Inc (NASDAQ: XXII) closed at $7.72 in the last session, up 21.57% from day before closing price of $6.35. In other words, the price has increased by $21.57 from its previous closing price. On the day, 7.84 million shares were traded. XXII stock price reached its highest trading level at $9.42 during the session, while it also had its lowest trading level at $6.75.
Ratios:
We take a closer look at XXII’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 4273143 and an Enterprise Value of 108292448. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at 10.919 whereas that against EBITDA is -6.008.
Stock Price History:
The Beta on a monthly basis for XXII is 1.55, which has changed by -0.9832965 over the last 52 weeks, in comparison to a change of 0.22212577 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 -22.22%, while the 200-Day Moving Average is calculated to be -90.99%.
Shares Statistics:
According to the various share statistics, XXII traded on average about 716.89K shares per day over the past 3-months and 4006280 shares per day over the past 10 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 0.13, 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.
