22nd Century Group Inc (NASDAQ: XXII) is -99.81% lower on its value in year-to-date trading and has touched a low of $4.24 and a high of $2837.04 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 $4.58 in the last trading session, with the day’s gains setting it 0.32%.
Currently trading at $4.9, the stock is -28.26% and -67.36% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 25.14 million and changing 6.99% at the moment leaves the stock -96.42% off its SMA200. XXII registered -95.99% loss for a year compared to 6-month loss of -96.64%. The firm has a 50-day simple moving average (SMA 50) of $16.24806 and a 200-day simple moving average (SMA200) of $149.43271.
The stock witnessed a -65.63% gain in the last 1 month and extending the period to 3 months gives it a -74.30%, and is -27.94% 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 31.57% over the week and 22.51% over the month.
22nd Century Group Inc (XXII) has around 56 employees, a market worth around $2.45M and $23.87M in sales. Fwd P/E is 0.97. Profit margin for the company is -85.74%. Distance from 52-week low is 15.57% and -99.83% from its 52-week high. The company has generated returns on investments over the last 12 months (-410.32%).
The EPS is expected to grow by 99.23% this year
13.0 institutions hold shares in 22nd Century Group Inc (XXII), with institutional investors hold 2.57% of the company’s shares. The shares outstanding are 0.50M, and float is at 0.40M with Short Float at 11.78%. Institutions hold 2.20% of the Float.
The top institutional shareholder in the company is SUSQUEHANNA INTERNATIONAL GROUP, LLP with over 58100.0 shares valued at $43575.0. The investor’s holdings represent 0.0003 of the XXII Shares outstanding. As of 2024-06-30, the second largest holder is GEODE CAPITAL MANAGEMENT, LLC with 52322.0 shares valued at $39023.0 to account for 0.0003 of the shares outstanding. The other top investors are VIRTU FINANCIAL LLC which holds 42745.0 shares representing 0.0002 and valued at over $32000.0, while HRT FINANCIAL LP holds 0.0002 of the shares totaling 30743.0 with a market value of $22000.0.
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.
