22nd Century Group Inc [NASDAQ: XXII] loss -5.98% or -0.01 points to close at $0.18 with a heavy trading volume of 4211329 shares.
The daily chart for XXII points out that the company has recorded -90.40% loss over the past six months.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
If we look at the average trading volume of 3.84M shares, XXII reached to a volume of 4211329 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about 22nd Century Group Inc [XXII]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for XXII shares is $53.28 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on XXII stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Alliance Global Partners have made an estimate for 22nd Century Group Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 21, 2022. While these analysts kept the previous recommendation, Craig Hallum raised their target price to Buy. The new note on the price target was released on June 15, 2022, representing the official price target for 22nd Century Group Inc stock. Previously, the target price had yet another raise to $6, while ROTH Capital analysts kept a Buy rating on XXII stock.
The Average True Range (ATR) for 22nd Century Group Inc is set at 0.04, with the Price to Sales ratio for XXII stock in the period of the last 12 months amounting to 0.12.
Trading performance analysis for XXII stock
22nd Century Group Inc [XXII] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.22. With this latest performance, XXII shares dropped by -46.00% in over the last four-week period, additionally sinking by -90.40% over the last 6 months – not to mention a drop of -98.43% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for XXII stock in for the last two-week period is set at 30.05, with the RSI for the last a single of trading hit 29.26, and the three-weeks RSI is set at 30.93 for 22nd Century Group Inc [XXII]. The present Moving Average for the last 50 days of trading for this stock 0.4101, while it was recorded at 0.1813 for the last single week of trading, and 1.4622 for the last 200 days.
22nd Century Group Inc [XXII]: A deeper dive into fundamental analysis
22nd Century Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.67 and a Current Ratio set at 0.84.
An analysis of Institutional ownership at 22nd Century Group Inc [XXII]
There are presently around $0.74%, or 0.77%% of XXII stock, in the hands of institutional investors.
