In the latest trading session, 3.58 million 22nd Century Group Inc (NASDAQ:XXII) shares changed hands as the company’s beta touched 1.56. With the company’s most recent per share price at $7.52 changing hands around $1.52 or 25.33% at last look, the market valuation stands at $4.16M. XXII’s current price is a discount, trading about -7637.37% off its 52-week high of $581.85. The share price had its 52-week low at $3.90, which suggests the last value was 48.14% up since then. When we look at 22nd Century Group Inc’s average trading volume, we note the 10-day average is 2.6 million shares, with the 3-month average coming to 488.94K.
Analysts gave the 22nd Century Group Inc (XXII) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended XXII as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. 22nd Century Group Inc’s EPS for the current quarter is expected to be 0.
22nd Century Group Inc (NASDAQ:XXII) trade information
Instantly XXII is in green as seen in intraday trades today. With action 30.56%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 41.62%, with the 5-day performance at 30.56% in the green. However, in the 30-day time frame, 22nd Century Group Inc (NASDAQ:XXII) is -24.11% down. Looking at the short shares, we see there were 91476.0 shares sold at short interest cover period of 0.79 days.
The consensus price target for the stock as assigned by Wall Street analysts is 82.5, meaning bulls need an upside of 90.88% from its recent market value. According to analyst projections, XXII’s forecast low is 75 with 90 as the target high. To hit the forecast high, the stock’s price needs a -1096.81% plunge from its current level, while the stock would need to soar -897.34% for it to hit the projected low.
22nd Century Group Inc (NASDAQ:XXII)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 14.34% of 22nd Century Group Inc shares while 6.07% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 7.09%.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Extended Market Index Fund and Price (T.Rowe) U.S. Equities Trust. With 97.0 shares estimated at $891.0 under it, the former controlled 0.00% of total outstanding shares. On the other hand, Price (T.Rowe) U.S. Equities Trust held about 0.00% of the shares, roughly 7.0 shares worth around $64.0.
