In today’s recent session, 3.15 million shares of the 22nd Century Group Inc (NASDAQ:XXII) have been traded, and its beta is 1.41. Most recently the company’s share price was $0.11, and it changed around $0.0 or -3.73% from the last close, which brings the market valuation of the company to $4.95M. XXII at last check was trading at a discount to its 52-week high of $8.63, offering almost -7745.45% off that amount. The share price’s 52-week low was $0.09, which indicates that the recent value has risen by an impressive 18.18% since then. We note from 22nd Century Group Inc’s average daily trading volume that its 10-day average is 15.02 million shares, with the 3-month average coming to 6.43 million.
22nd Century Group Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended XXII as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. 22nd Century Group Inc is expected to report earnings per share of 0 for the current quarter.
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
22nd Century Group Inc (NASDAQ:XXII) trade information
Instantly XXII has been showing red trend so far today with a performance of -3.73% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.1400 on recent trading dayincreased the stock’s daily price by 21.43%. The company’s shares are currently down -96.36% year-to-date, but still up 3.14% over the last five days. On the other hand, 22nd Century Group Inc (NASDAQ:XXII) is -52.50% down in the 30-day period. We can see from the shorts that 0.65 million shares have been sold at a short interest cover period of 0.21 day(s).
The consensus price target as assigned by Wall Street analysts is $82.5, which translates to bulls needing to increase their stock price by 99.87% from its current value. Analyst projections state that XXII is forecast to be at a low of $75 and a high of $90.
22nd Century Group Inc (XXII) estimates and forecasts
The year-over-year growth rate is expected to be -54.90%, down from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 8.21M in revenue for the current quarter. 1 analysts expect 22nd Century Group Inc to make 8.56M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 24.01M and 17.81M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -65.80%. Forecasts for the next quarter put sales growth at -51.90%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -49.91%.
XXII Dividends
22nd Century Group Inc’s next quarterly earnings report is expected to be released on 2024-May-15.
22nd Century Group Inc (NASDAQ:XXII)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 17.01% of 22nd Century Group Inc shares, and 2.98% of them are in the hands of institutional investors. The stock currently has a share float of 3.59%.
Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Aug 31, 2024. The former held 51.29 shares worth $5549.0, making up 0.16% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 13.1 shares worth around $1416.0, which represents about 0.04% of the total shares outstanding.
