22nd Century Group Inc’s filing revealed that its Chief Executive Officer FIRESTONE LAWRENCE acquired Company’s shares for reported $10468.0 on Sep 12 ’24. In the deal valued at $0.27 per share,39,000 shares were bought. As a result of this transaction, FIRESTONE LAWRENCE now holds 54,250 shares worth roughly $0.33 million.
Then, FIRESTONE LAWRENCE bought 9,000 shares, generating $9,829 in total proceeds. Upon buying the shares at $1.09, the Chief Executive Officer now owns 15,250 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 Monday, 22nd Century Group Inc [NASDAQ:XXII] saw its stock jump 22.70% to $6.00. Over the last five days, the stock has gained 1.69%. 22nd Century Group Inc shares have risen nearly 12.99% since the year began. Nevertheless, the stocks have fallen -98.53% over the past one year. While a 52-week high of $581.85 was reached on 01/13/25, a 52-week low of $3.90 was recorded on 01/10/25. SMA at 50 days reached $10.19, while 200 days put it at $88.30.
Levels Of Support And Resistance For XXII Stock
The 24-hour chart illustrates a support level at 3.29, which if violated will result in even more drops to 0.58. On the upside, there is a resistance level at 10.60. A further resistance level may holdings at 15.20. The Relative Strength Index (RSI) on the 14-day chart is 43.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.36%. Stochastics %K at 32.29% indicates the stock is a holding.
How much short interest is there in 22nd Century Group Inc?
A steep rise in short interest was recorded in 22nd Century Group Inc stocks on 2024-12-31, growing by 89354.0 shares to a total of 91476.0 shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 2122.0 shares. There was a rise of 97.68%, which implies that there is a positive sentiment for the stock.
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.
