22nd Century Group Inc. (NYSE:XXII) has a beta value of 1.87 and has seen 10,614,390 shares traded in the last trading session. The company, currently valued at $713.22 Million, closed the last trade at $4.68 per share which meant it lost -$0.06 on the day or -1.27% during that session. The XXII stock price is -14.74% off its 52-week high price of $5.37 and 88.25% above the 52-week low of $0.55. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.37 Million shares traded. The 3-month trading volume is 3.6 Million shares.
The consensus among analysts is that 22nd Century Group Inc. (XXII) is a Buy stock at the moment, with a recommendation rating of 0. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 1 have rated it as a Hold, with 1 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.03.
22nd Century Group Inc. (NYSE:XXII) trade information
Despite being -1.27% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Monday, Apr 26 when the XXII stock price touched $6.07-2 or saw a rise of 22.9%. Year-to-date, 22nd Century Group Inc. shares have moved 112.73%, while the 5-day performance has seen it change -9.13%. Over the past 30 days, the shares of 22nd Century Group Inc. (NYSE:XXII) have changed 56.52%. Short interest in the company has seen 7.86 Million shares shorted with days to cover at 2.18.
Wall Street analysts have a consensus price target for the stock at $7, which means that the shares’ value could jump 49.57% from current levels. The projected low price target is $7 while the price target rests at a high of $7. In that case, then, we find that the current price level is +49.57% off the targeted high while a plunge would see the stock lose 49.57% from current levels.
22nd Century Group Inc. (XXII) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +2.6% over the past 5 years. Earnings growth for 2021 is a modest +32.7%.
22nd Century Group Inc. (NYSE:XXII)’s Major holders
Insiders own 2.5% of the company shares, while shares held by institutions stand at 25.78% with a share float percentage of 26.45%. Investors are also buoyed by the number of investors in a company, with 22nd Century Group Inc. having a total of 111 institutions that hold shares in the company. The top two institutional holders are ETF Managers Group, LLC with over 6.69 Million shares worth more than $14.71 Million. As of December 30, 2020, ETF Managers Group, LLC held 4.39% of shares outstanding.
The other major institutional holder is Vanguard Group Inc. (The), with the holding of over 5.84 Million shares as of December 30, 2020. The firm’s total holdings are worth over $12.85 Million and represent 3.83% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are ETF Managers Tr-EFTMG Alternative Harvest ETF and Vanguard Total Stock Market Index Fund. As of December 30, 2020, the former fund manager holds about 4.39% shares in the company for having 6687621 shares of worth $14.71 Million while later fund manager owns 3.71 Million shares of worth $8.15 Million as of December 30, 2020, which makes it owner of about 2.43% of company’s outstanding stock.