Market Insights: 22nd Century Group Inc (XXII)’s Notable Drop of -0.08, Closing at 0.26

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As of close of business last night, 22nd Century Group Inc’s stock clocked out at $0.26, down -0.08% from its previous closing price of $0.26. In other words, the price has decreased by -$0.08 from its previous closing price. On the day, 2.23 million shares were traded. XXII stock price reached its highest trading level at $0.2827 during the session, while it also had its lowest trading level at $0.2425.

Ratios:

To gain a deeper understanding of XXII’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.67 and its Current Ratio is at 0.84.

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:

Investing in insider trades can also provide an investor with insight into how management views future 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. On Jan 05 ’24, another insider, Arno Andrew, who serves as the Director of the company, bought 100,000 shares for $0.17 each. As a result, the insider paid 17,490 and bolstered with 100,000 shares of the company.

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 2411782 and an Enterprise Value of 11371782. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14. Its current Enterprise Value per Revenue stands at 0.591 whereas that against EBITDA is -0.42.

Stock Price History:

Over the past 52 weeks, XXII has reached a high of $19.60, while it has fallen to a 52-week low of $0.23. The 50-Day Moving Average of the stock is -53.54%, while the 200-Day Moving Average is calculated to be -84.46%.

Shares Statistics:

It appears that XXII traded 3.58M shares on average per day over the past three months and 21728360 shares per day over the past ten days. A total of 21.10M shares are outstanding, with a floating share count of 18.44M. Insiders hold about 12.59% of the company’s shares, while institutions hold 0.88% stake in the company. Shares short for XXII as of 1724976000 were 203195 with a Short Ratio of 0.06, compared to 1722384000 on 102169. Therefore, it implies a Short% of Shares Outstanding of 203195 and a Short% of Float of 2.1999999999999997.

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