The stock of 22nd Century Group Inc (NASDAQ:XXII) last traded at $0.81, up 11.01% from the previous session.
XXII stock price is now -44.65% away from the 50-day moving average and -85.04% away from the 200-day moving average. The market capitalization of the company currently stands at $6.38M.
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With the price target of $5, Alliance Global Partners recently initiated with Buy rating for 22nd Century Group Inc (NASDAQ: XXII). On June 15, 2022, Craig Hallum recently initiated its ‘Buy’ rating on the stock quoting a target price of $5, while ‘ROTH Capital’ rates the stock as ‘Buy’
In other news, FIRESTONE LAWRENCE, Chief Executive Officer bought 9,000 shares of the company’s stock on May 30 ’24. The stock was bought for $9,829 at an average price of $1.09. Upon completion of the transaction, the Chief Executive Officer now directly owns 15,250 shares in the company, valued at $12352.5. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 05 ’24, Director Arno Andrew bought 100,000 shares of the business’s stock. A total of $17,490 was incurred on buying the stock at an average price of $0.17. This leaves the insider owning 100,000 shares of the company worth $81000.0. A total of 7.58% of the company’s stock is owned by insiders.
During the past 12 months, 22nd Century Group Inc has had a low of $0.68 and a high of $129.74. The fifty day moving average price for XXII is $1.44598 and a two-hundred day moving average price translates $5.267575 for the stock.
The latest earnings results from 22nd Century Group Inc (NASDAQ: XXII) was released for 2024-03-31. The net profit margin was -257.72% and return on equity was -346.39% for XXII. The company reported revenue of $6.47 million for the quarter, compared to $8.93 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -27.53 percent.
