22nd Century Group Inc (NASDAQ: XXII) on Friday, plunged -6.59% from the previous trading day, before settling in for the closing price of $0.95. Within the past 52 weeks, XXII’s price has moved between $0.89 and $265.95.
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Annual sales at Consumer Defensive sector company grew by 1.00% over the past five years. The company achieved an average annual earnings per share of 97.80%. With a float of $1.75 million, this company’s outstanding shares have now reached $2.37 million.
Let’s look at the performance matrix of the company that is accounted for 56 employees. In terms of profitability, gross margin is -11.26%, operating margin of -62.95%, and the pretax margin is -69.66%.
22nd Century Group Inc (XXII) Insider Updates
Observing investor behavior towards Tobacco industry stocks is more important than anything else. The insider ownership of 22nd Century Group Inc is 26.32%, while institutional ownership is 2.40%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 97.80% per share during the next fiscal year.
22nd Century Group Inc (NASDAQ: XXII) Trading Performance Indicators
22nd Century Group Inc (XXII) is currently performing well based on its current performance indicators. A quick ratio of 0.95 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -518.20, a number that is poised to hit -1.10 in the next quarter and is forecasted to reach 1.06 in one year’s time.
Technical Analysis of 22nd Century Group Inc (XXII)
22nd Century Group Inc (NASDAQ: XXII) saw its 5-day average volume 5.88 million, a positive change from its year-to-date volume of 1.24 million. As of the previous 9 days, the stock’s Stochastic %D was 5.61%. Additionally, its Average True Range was 0.30.
During the past 100 days, 22nd Century Group Inc’s (XXII) raw stochastic average was set at 0.13%, which indicates a significant decrease from 1.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 98.01% in the past 14 days, which was lower than the 172.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.2143, while its 200-day Moving Average is $30.3167. Nevertheless, the first resistance level for the watch stands at $0.9294 in the near term. At $0.9687, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.9974. If the price goes on to break the first support level at $0.8614, it is likely to go to the next support level at $0.8327. Assuming the price breaks the second support level, the third support level stands at $0.7934.
22nd Century Group Inc (NASDAQ: XXII) Key Stats
Market capitalization of the company is 2.11 million based on 2,370K outstanding shares. Right now, sales total 24,380 K and income totals -15,160 K. The company made 4,020 K in profit during its latest quarter, and -4,560 K in sales during its previous quarter.
