Understanding 22nd Century Group Inc (XXII) through its ratios

In the latest session, 22nd Century Group Inc (NASDAQ: XXII) closed at $1.68 up 5.00% from its previous closing price of $1.60. On the day, 946404 shares were traded.

Ratios:

For a deeper understanding of 22nd Century Group Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 0.65.

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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 05 ’24 when Arno Andrew bought 100,000 shares for $0.17 per share. The transaction valued at 17,490 led to the insider holds 100,000 shares of the business.

FIRESTONE LAWRENCE bought 100,000 shares of XXII for $17,360 on Jan 04 ’24. The Chief Executive Officer now owns 100,000 shares after completing the transaction at $0.17 per share.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.13.

Stock Price History:

Over the past 52 weeks, XXII has reached a high of $180.91, while it has fallen to a 52-week low of $1.45.

Shares Statistics:

A total of 5.60M shares are outstanding, with a floating share count of 5.53M. Insiders hold about 1.24% of the company’s shares, while institutions hold 6.23% stake in the company.

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