22nd Century Group Inc (NASDAQ: XXII) is -82.05% lower on its value in year-to-date trading and has touched a low of $0.89 and a high of $265.95 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 $1.07 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $0.95, the stock is -35.18% and -58.16% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.33 million and changing -10.94% at the moment leaves the stock -96.90% off its SMA200. XXII registered -99.62% loss for a year compared to 6-month loss of -96.03%. The firm has a 50-day simple moving average (SMA 50) of $2.27766 and a 200-day simple moving average (SMA200) of $30.76981.
The stock witnessed a -52.35% gain in the last 1 month and extending the period to 3 months gives it a -88.24%, and is -17.85% down 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 51.15% over the week and 19.97% over the month.
22nd Century Group Inc (XXII) has around 56 employees, a market worth around $2.26M and $24.38M in sales. Fwd P/E is 0.90. Profit margin for the company is -104.45%. Distance from 52-week low is 7.07% and -99.64% from its 52-week high. The company has generated returns on investments over the last 12 months (-239.94%).
The EPS is expected to grow by 97.80% this year
33.0 institutions hold shares in 22nd Century Group Inc (XXII), with institutional investors hold 2.65% of the company’s shares. The shares outstanding are 2.37M, and float is at 1.75M with Short Float at 1.08%. Institutions hold 2.40% of the Float.
The top institutional shareholder in the company is VIRTU FINANCIAL LLC with over 42745.0 shares valued at $32000.0. The investor’s holdings represent 0.0002 of the XXII Shares outstanding. As of 2024-06-30, the second largest holder is HRT FINANCIAL LP with 30743.0 shares valued at $22000.0 to account for 0.0002 of the shares outstanding.
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.
