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

Posted by Trevor Kearing on Feb 4th, 2025

Weiss Ratings reissued their sell (e) rating on shares of 22nd Century Group (NASDAQ:XXII – Free Report) in a report published on Saturday,Weiss Ratings reports.

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

Check Out Our Latest Research Report on 22nd Century Group

22nd Century Group Stock Performance

NASDAQ XXII opened at $4.01 on Friday. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.09 and a quick ratio of 0.93. 22nd Century Group has a 1-year low of $3.80 and a 1-year high of $581.85. The firm has a market capitalization of $2.21 million, a P/E ratio of 0.00 and a beta of 1.57. The business’s 50-day simple moving average is $7.22 and its 200-day simple moving average is $30.99.

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in 22nd Century Group stock. Anson Funds Management LP acquired a new position in 22nd Century Group, Inc. (NASDAQ:XXII – Free Report) during the third quarter, according to the company in its most recent filing with the SEC. The fund acquired 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 currently owned by hedge funds and other 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.