22nd Century Group Inc. (XXII): Time to Buy this stock

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22nd Century Group Inc. (AMEX:XXII) changes shares on Tuesday trading session, with a change of -1.12% or -$0.01 shares. The trading starts at $0.78 and closed at $0.77 throughout the day. The trading session low price was $0.76 and day high was $0.79 on Tuesday, August 04. After the session, the Healthcare sector daily volume shifted to 0.89 million while its average volume is 1.16M. In other hand, the XXII market cap reached to $110.19M.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -6.24% and down -1.27% for month. Its quarterly performance was -8.99% below, while its half year performance is down -21.91%. XXII yearly performance stood at negative -46.75% and fall -30.77% for year-to-date.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. XXII EPS (TTM) for 12-month is -0.22. EPS for this year is -229.20%, while for the next year its value is -0.17. Its EPS Q/Q reached -74.40%. It has an EPS of 4.10% up for past five years.

Let’s take a look on the analyst recommendations on XXII for the current month and previous month. For the current month, 1 of 1 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $4.00 – $4.00. Average target price for XXII was reached at $4.00.

ETF Managers Group, LLC, Blackrock Inc. and Vanguard Group, Inc. (The) are the top three holders in 22nd Century Group Inc. (XXII) stock. On Mar 30, 2020, ETF Managers Group, LLC has 13.39 million shares which valued 10.04 million. On Mar 30, 2020, Blackrock Inc. owned 8.23 million shares which valued at 6.17 million. On Mar 30, 2020, Vanguard Group, Inc. (The) has a total of 6.12 million shares which valued at 4.59 million. In the end, Vanguard Group, Inc. (The) have 4.41% shares outstanding of 22nd Century Group Inc. (XXII) on Mar 30, 2020. The insider ownership moved to 1.50% and institutional holding shifted to 35.00%.

The company posted an EPS (TTM) of -0.22. According to the most recent quarter report on (Jun 2020), 1 analysts estimated an average EPS of -0.04. Analyst Estimated EPS for XXII published in the report was -$0.04 – -$0.04 during the same period.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for XXII fall -22.65% for period of 200 days. SMA for 50 days was -5.72% which is showing red signal, while SMA-20 was -3.31%. The moving average value for 22nd Century Group Inc. (XXII) is 0.8273 and 0.7865 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in XXII stock. On Jun 29, SULLIVAN NORA B, Director, bought 22,000 trading shares at the cost of $0.78, which valued at 17160.0.