22nd Century Group Inc [NASDAQ: XXII] surged by $0.02 during the normal trading session on while it closed the day at $1.07.
22nd Century Group Inc stock has also loss -17.69% of its value over the past 7 days. However, XXII stock has declined by -81.39% in the 3 months of the year. Over the past six months meanwhile, it has lost -95.80% and lost -79.85% year-on date.
The market cap for XXII stock reached $2.54 million, with 2.37 million shares outstanding and 2.03 million shares in the current float. Compared to the average trading volume of 913.04K shares, XXII reached a trading volume of 23853994 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say 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 $7192.80 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 0.32, with the Price to Sales ratio for XXII stock in the period of the last 12 months amounting to 0.10. The Price to Book ratio for the last quarter was 0.19, with the Price to Cash per share for the same quarter was set at 2.07.
XXII stock trade performance evaluation
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 -17.69. With this latest performance, XXII shares dropped by -44.27% in over the last four-week period, additionally sinking by -95.80% over the last 6 months – not to mention a drop of -99.63% 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 26.45, with the RSI for the last a single of trading hit 23.95, and the three-weeks RSI is set at 29.52 for 22nd Century Group Inc [XXII]. The present Moving Average for the last 50 days of trading for this stock 2.3448, while it was recorded at 1.0860 for the last single week of trading, and 31.1846 for the last 200 days.
22nd Century Group Inc [XXII]: An insightful look at the core fundamentals
22nd Century Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.95 and a Current Ratio set at 1.16.
22nd Century Group Inc [XXII]: Institutional Ownership
There are presently around $2.40%, or 2.65%% of XXII stock, in the hands of institutional investors. The top three institutional holders of XXII stocks are: VIRTU FINANCIAL LLC with ownership of 42745.0 shares, which is approximately 0.0002%. HRT FINANCIAL LP, holding 30743.0 shares of the stock with an approximate value of $$22000.0 in XXII stocks shares; and HRT FINANCIAL LP, currently with $$7910.0 in XXII stock with ownership which is approximately 0.0001%.
