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Things appear to be looking up for 22nd Century Group Inc (XXII)

22nd Century Group Inc (NASDAQ: XXII) is -90.50% lower on its value in year-to-date trading and has touched a low of $0.23 and a high of $17.06 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The XXII stock was last observed hovering at around $0.29 in the last trading session, with the day’s loss setting it -0.01%.

Currently trading at $0.28, the stock is -9.56% and -47.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.0 million and changing -1.70% at the moment leaves the stock -82.72% off its SMA200. XXII registered -98.31% loss for a year compared to 6-month loss of -86.50%. The firm has a 50-day simple moving average (SMA 50) of $0.52686 and a 200-day simple moving average (SMA200) of $1.62095.

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The stock witnessed a -44.15% gain in the last 1 month and extending the period to 3 months gives it a -57.71%, and is 2.91% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 16.02% over the week and 18.99% over the month.

22nd Century Group Inc (XXII) has around 64 employees, a market worth around $5.97M and $39.58M in sales. Profit margin for the company is -309.63%. Distance from 52-week low is 20.47% and -98.34% from its 52-week high. The company has generated returns on investments over the last 12 months (-1839.72%).

with sales reaching $8.21M over the same period., but quarterly earnings will post -54.90% year-over-year. Quarterly sales are estimated to shrink -65.80% in year-over-year returns.

22nd Century Group Inc (XXII) Top Institutional Holders

42.0 institutions hold shares in 22nd Century Group Inc (XXII), with institutional investors hold 1.76% of the company’s shares. The shares outstanding are 21.10M, and float is at 18.44M with Short Float at 1.10%. Institutions hold 1.60% of the Float.

22nd Century Group Inc (XXII) Insider Activity

The most recent transaction is an insider purchase by FIRESTONE LAWRENCE, the company’s Chief Executive Officer. SEC filings show that FIRESTONE LAWRENCE bought 39,000 shares of the company’s common stock on Sep 12 ’24 at a price of $0.27 per share for a total of $10468.0. Following the purchase, the insider now owns 54250.0 shares.

22nd Century Group Inc disclosed in a document filed with the SEC on May 30 ’24 that FIRESTONE LAWRENCE (Chief Executive Officer) bought a total of 9,000 shares of the company’s common stock. The trade occurred on May 30 ’24 and was made at $1.09 per share for $9829.0. Following the transaction, the insider now directly holds 15250.0 shares of the XXII stock.

Still, SEC filings show that on Jan 05 ’24, Arno Andrew (Director) acquired 100,000 shares at an average price of $0.17 for $17490.0. The insider now directly holds 100,000 shares of 22nd Century Group Inc (XXII).

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