22nd Century Group Inc (XXII) with a beta value of 1.50 appears to be a promising investment opportunity.

On Friday, 22nd Century Group Inc (NASDAQ: XXII) opened higher 5.00% from the last session, before settling in for the closing price of $1.60. Price fluctuations for XXII have ranged from $1.45 to $180.91 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 5.41%. Company’s average yearly earnings per share was noted 82.97% at the time writing. With a float of $5.53 million, this company’s outstanding shares have now reached $5.60 million.

Considering the fact that the conglomerate employs 64 people, you should pay attention to its efficiency factor.

22nd Century Group Inc (XXII) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Tobacco industry is another important factor to consider. The insider ownership of 22nd Century Group Inc is 1.24%, while institutional ownership is 6.23%. The most recent insider transaction that took place on Jan 05 ’24, was worth 17,490. In this transaction Director of this company bought 100,000 shares at a rate of $0.17, taking the stock ownership to the 100,000 shares. Before that another transaction happened on Jan 04 ’24, when Company’s Chief Executive Officer bought 100,000 for $0.17, making the entire transaction worth $17,360. This insider now owns 100,000 shares in total.

22nd Century Group Inc (XXII) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 6.81 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 82.97% per share during the next fiscal year.

22nd Century Group Inc (NASDAQ: XXII) Trading Performance Indicators

Check out the current performance indicators for 22nd Century Group Inc (XXII). In the past quarter, the stock posted a quick ratio of 0.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.13.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -119.99, a number that is poised to hit -5.28 in the next quarter and is forecasted to reach -15.20 in one year’s time.

Technical Analysis of 22nd Century Group Inc (XXII)

Compared to the last year’s volume of 1.28 million, its volume of 2.35 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 6.99%. Additionally, its Average True Range was 0.45.

During the past 100 days, 22nd Century Group Inc’s (XXII) raw stochastic average was set at 6.01%, which indicates a significant decrease from 8.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 447.91% in the past 14 days, which was higher than the 197.40% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.2468, while its 200-day Moving Average is $15.2782. Nevertheless, the first resistance level for the watch stands at $1.7706 in the near term. At $1.8612, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.9815. If the price goes on to break the first support level at $1.5597, it is likely to go to the next support level at $1.4394. Now, if the price goes above the second support level, the third support stands at $1.3488.

22nd Century Group Inc (NASDAQ: XXII) Key Stats

There are currently 3,483K shares outstanding in the company with a market cap of 9.41 million. Presently, the company’s annual sales total 32,200 K according to its annual income of -140,780 K. Last quarter, the company’s sales amounted to 17,810 K and its income totaled -72,720 K.