At Current Prices, 22nd Century Group Inc (NASDAQ: XXII) Worth A Patient Look?

22nd Century Group Inc (NASDAQ:XXII)’s traded shares stood at 73.08 million during the last session, with the company’s beta value hitting 1.39. At the close of trading, the stock’s price was $0.12, to imply an increase of 5.08% or $0.0 in intraday trading. The XXII share’s 52-week high remains $8.81, putting it -7241.67% down since that peak but still an impressive 25.0% since price per share fell to its 52-week low of $0.09. The company has a valuation of $5.58M, with an average of 14.35 million shares in intraday trading volume over the past 10 days and average of 5.04 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for 22nd Century Group Inc (XXII), translating to a mean rating of 2.00. Of 2 analyst(s) looking at the stock, 0 analyst(s) give XXII a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.

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22nd Century Group Inc (NASDAQ:XXII) trade information

After registering a 5.08% upside in the last session, 22nd Century Group Inc (XXII) has traded red over the past five days. The 5-day price performance for the stock is 12.34%, and -56.91% over 30 days. With these gigs, the year-to-date price performance is -95.90%. Short interest in 22nd Century Group Inc (NASDAQ:XXII) saw shorts transact 0.22 million shares and set a 0.02 days time to cover.

The extremes give us $75 and $90 for target low and target high price respectively. As such, XXII has been trading -74900.0% off suggested target high and -62400.0% from its likely low.

22nd Century Group Inc (XXII) estimates and forecasts

The rating firms project that company’s revenue will shrink -54.90% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 8.21M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 8.56M.Earnings reports from the last fiscal year show that sales brought in 24.01M and 17.81M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -65.80% before dropping -51.90% in the following quarter.

XXII Dividends

22nd Century Group Inc has its next earnings report out in November. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

22nd Century Group Inc (NASDAQ:XXII)’s Major holders

22nd Century Group Inc insiders hold 12.27% of total outstanding shares, with institutional holders owning 0.43% of the shares at 0.49% float percentage. In total, 0.43% institutions holds shares in the company.