Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. 22nd Century Group Inc’s current trading price is -98.98% away from its 52-week high, while its distance from the 52-week low is 33.69%. The stock’s price range over this period has fluctuated between $0.10 and $13.65. The company, operating within the financial sector, had a trading volume of approximately 0.89 million for the day, which was noticeably lower than the average daily share volume of 1.27 million over the last 3 months.
In terms of market performance, 22nd Century Group Inc had a fairly uneven. The highest value for the stock in the past year was $13.65 on 03/21/23, and the lowest value was recorded at $0.10 on 03/18/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
22nd Century Group Inc (XXII) has experienced a quarterly decline of -29.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.10M and boasts a workforce of 198 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.2202, with a change in price of -0.3419. Similarly, 22nd Century Group Inc recorded 1,268,045 in trading volume during the last 100 days, posting a change of -71.05%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for XXII stands at 1.96. Similarly, the long-term debt-to-equity ratio is also 0.46.
XXII Stock Stochastic Average
Today’s raw stochastic average for 22nd Century Group Inc over the last 50 days is 30.31%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 43.49%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 32.51% and 23.33%, respectively.
XXII Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price decrease of -25.19%. However, over the past six months, we’ve seen a stronger performance of -88.67%. The price of XXII leaped by -11.27% over the last 30 days. And in the last five days, it has surged by 3.49%.
