On Monday, 22nd Century Group Inc (NASDAQ: XXII) opened lower -12.86% from the last session, before settling in for the closing price of $0.12. Price fluctuations for XXII have ranged from $0.09 to $6.69 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%. With a float of $37.42 million, this company’s outstanding shares have now reached $46.37 million.
Considering the fact that the conglomerate employs 64 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -81.23%, operating margin of -292.86%, and the pretax margin is -345.52%.
22nd Century Group Inc (XXII) Insider Activity
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 19.30%, while institutional ownership is 2.92%. The most recent insider transaction that took place on Sep 12 ’24, was worth 10,468. In this transaction Chief Executive Officer of this company bought 39,000 shares at a rate of $0.27, taking the stock ownership to the 54,250 shares. Before that another transaction happened on May 30 ’24, when Company’s Chief Executive Officer bought 9,000 for $1.09, making the entire transaction worth $9,829. This insider now owns 15,250 shares in total.
22nd Century Group Inc (XXII) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 3/31/2024, the company posted -22.4 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -16.93) by -5.47. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current 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 0.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -80.47
Technical Analysis of 22nd Century Group Inc (XXII)
Compared to the last year’s volume of 2.72 million, its volume of 6.23 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 60.10%. Additionally, its Average True Range was 0.02.
During the past 100 days, 22nd Century Group Inc’s (XXII) raw stochastic average was set at 1.25%, which indicates a significant decrease from 21.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 110.98% in the past 14 days, which was lower than the 124.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.1896, while its 200-day Moving Average is $1.1275. Nevertheless, the first resistance level for the watch stands at $0.1082 in the near term. At $0.1133, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.1167. If the price goes on to break the first support level at $0.0997, it is likely to go to the next support level at $0.0963. Should the price break the second support level, the third support level stands at $0.0912.
22nd Century Group Inc (NASDAQ: XXII) Key Stats
There are currently 46,370K shares outstanding in the company with a market cap of 4.78 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 7,950 K and its income totaled -1,110 K.
