22nd Century Group Inc [XXII] stock prices are down -20.20% to $3.91 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The XXII shares have lost -36.73% over the last week, with a monthly amount drifted -64.36%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
22nd Century Group Inc [NASDAQ: XXII] stock has seen the most recent analyst activity on July 21, 2022, when Alliance Global Partners initiated its Buy rating and assigned the stock a price target of $5. Previously, Craig Hallum started tracking the stock with Buy rating on June 15, 2022, and set its price target to $5. On March 08, 2022, ROTH Capital initiated with a Buy rating and assigned a price target of $6 on the stock. Cowen started tracking the stock assigning a Outperform rating and suggested a price target of $5 on July 23, 2021. Chardan Capital Markets reiterated its recommendation of a Buy and raised its price target to $11.50 on October 16, 2017. Chardan Capital Markets reiterated a Buy rating for this stock on August 11, 2016, and downed its price target to $3.50.
The stock price of 22nd Century Group Inc [XXII] has been fluctuating between $4.24 and $2822.45 over the past year. Currently, Wall Street analysts expect the stock to reach $82.5 within the next 12 months. 22nd Century Group Inc [NASDAQ: XXII] shares were valued at $3.91 at the most recent close of the market. An investor can expect a potential return of 2009.97% based on the average XXII price forecast.
Analyzing the XXII fundamentals
The 22nd Century Group Inc [NASDAQ:XXII] reported sales of 23.87M for trailing twelve months, representing a drop of -7.93%. Gross Profit Margin for this corporation currently stands at -0.09% with Operating Profit Margin at -0.56%, Pretax Profit Margin comes in at -0.61%, and Net Profit Margin reading is -0.63%. To continue investigating profitability, this company’s Return on Assets is posted at -0.64, Equity is -5.42 and Total Capital is -2.39. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.53.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.56 points at the first support level, and at 3.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.39, and for the 2nd resistance point, it is at 4.88.
Ratios To Look Out For
It’s worth pointing out that 22nd Century Group Inc [NASDAQ:XXII]’s Current Ratio is 0.68. Further, the Quick Ratio stands at 0.52, while the Cash Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 0.08, the price to book ratio is 0.13.
Transactions by insiders
Recent insider trading involved FIRESTONE LAWRENCE, Chief Executive Officer, that happened on Sep 12 ’24 when 39000.0 shares were purchased.
