22nd Century Group Inc’s filing revealed that its Director Arno Andrew acquired Company’s shares for reported $17490.0 on Jan 05 ’24. In the deal valued at $0.17 per share,100,000 shares were bought. As a result of this transaction, Arno Andrew now holds 100,000 shares worth roughly $0.17 million.
Then, FIRESTONE LAWRENCE bought 100,000 shares, generating $17,360 in total proceeds. Upon buying the shares at $0.17, the Chief Executive Officer now owns 100,000 shares.
Alliance Global Partners initiated its 22nd Century Group Inc [XXII] rating to a Buy in a research note published on July 21, 2022; the price target was $5. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who began to cover the stock in mid June with a ‘”a Buy”‘ rating. ROTH Capital began covering XXII with “Buy” recommendation on March 08, 2022. Cowen started covering the stock on July 23, 2021. It rated XXII as “an Outperform”.
Price Performance Review of XXII
On Friday, 22nd Century Group Inc [NASDAQ:XXII] saw its stock jump 5.00% to $1.68. Over the last five days, the stock has lost -52.81%. 22nd Century Group Inc shares have fallen nearly -43.61% since the year began. Nevertheless, the stocks have fallen -98.87% over the past one year. While a 52-week high of $180.91 was reached on 04/05/24, a 52-week low of $1.45 was recorded on 04/04/24. SMA at 50 days reached $2.2468, while 200 days put it at $15.2782. A total of 0.95 million shares were traded, compared to the trading of 0.76 million shares in the previous session.
Levels Of Support And Resistance For XXII Stock
The 24-hour chart illustrates a support level at 1.5597, which if violated will result in even more drops to 1.4394. On the upside, there is a resistance level at 1.7706. A further resistance level may holdings at 1.8612. The Relative Strength Index (RSI) on the 14-day chart is 44.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.3381, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.96%. Stochastics %K at 6.99% indicates the stock is a buying.
The most recent change occurred on October 16, 2017 when Chardan Capital Markets resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $11.50.
