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The closing price of 22nd Century Group Inc (NASDAQ: XXII) was $1.19 for the day, down -15.00% from the previous closing price of $1.40. In other words, the price has decreased by -$15.00 from its previous closing price. On the day, 1.12 million shares were traded.
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 0.95 and its Current Ratio is at 1.16. In the meantime, Its Debt-to-Equity ratio is 2.15 whereas as Long-Term Debt/Eq ratio is at 1.65.
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:
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 0.22.
Stock Price History:
Over the past 52 weeks, XXII has reached a high of $243.00, while it has fallen to a 52-week low of $0.70. The 50-Day Moving Average of the stock is -16.06%, while the 200-Day Moving Average is calculated to be -94.63%.
Shares Statistics:
A total of 2.37M shares are outstanding, with a floating share count of 1.75M. Insiders hold about 26.32% of the company’s shares, while institutions hold 2.40% stake in the company.
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.
