22nd Century Group’s (XXII) “Sell (E+)” Rating Reiterated at Weiss Ratings

Weiss Ratings reissued their sell (e+) rating on shares of 22nd Century Group (NASDAQ:XXIIFree Report) in a research note released on Saturday morning,Weiss Ratings reports.

Separately, StockNews.com lowered shares of 22nd Century Group from a “hold” rating to a “sell” rating in a report on Tuesday, December 31st.

Check Out Our Latest Analysis on XXII

22nd Century Group Stock Down 17.6 %

Shares of NASDAQ:XXII opened at $5.10 on Friday. 22nd Century Group has a 1 year low of $3.90 and a 1 year high of $581.85. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.09 and a quick ratio of 0.93. The business’s 50-day moving average is $8.88 and its 200-day moving average is $38.08. The company has a market capitalization of $2.81 million, a price-to-earnings ratio of 0.00 and a beta of 1.59.

22nd Century Group (NASDAQ:XXIIGet Free Report) last issued its quarterly earnings results on Tuesday, November 12th. The biotechnology company reported ($72.90) earnings per share (EPS) for the quarter. The business had revenue of $5.95 million during the quarter.

Institutional Trading of 22nd Century Group

An institutional investor recently bought a new position in 22nd Century Group stock. Anson Funds Management LP bought a new position in shares of 22nd Century Group, Inc. (NASDAQ:XXIIFree Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,140,452 shares of the biotechnology company’s stock, valued at approximately $691,000. Anson Funds Management LP owned approximately 6.77% of 22nd Century Group at the end of the most recent reporting period. 18.06% of the stock is owned by institutional investors.

22nd Century Group Company Profile

(Get Free Report)

22nd Century Group, Inc, a tobacco products company, engages in the sale and distribution of its own proprietary new reduced nicotine tobacco products. The company offers reduced nicotine content tobacco plants and very low nicotine combustible cigarette products. It also provides contract manufacturing services for conventional combustible tobacco products for third-party brands.

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