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22nd Century Group Inc Inc. (XXII) Price Performance: A Technical Analysis Perspective

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Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -2.66%. However, over the last six months, the performance has been stronger by -75.04%. The price of XXII increased 11.81% over the last 30 days. And in the last five days, it has surged by 51.04%.

22nd Century Group Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $180.91 on 05/03/23, and the lowest price during that time was $1.45, recorded on 04/04/24.

52-week price history of XXII Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. 22nd Century Group Inc’s current trading price is -98.40% away from its 52-week high, while its distance from the 52-week low is 100.00%. The stock’s price range for this period has been between $1.45 and $180.91. The Consumer Defensive sector company’s shares saw a trading volume of about 32.71 million for the day, which was higher than the average daily volume of 98030.0 over the last three months.

The Connection Between Financial Performance and Market Capitalization

22nd Century Group Inc (XXII) has experienced a quarterly rise of 5.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 10.09M and boasts a workforce of 64 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.9667, with a change in price of -2.9685. Similarly, 22nd Century Group Inc recorded 387,688 in trading volume during the last 100 days, posting a change of -45.71%.

XXII Stock Stochastic Average

As of today, the raw stochastic average of 22nd Century Group Inc over the past 50 days is 92.67%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 92.67%. Additionally, the Stochastic %K and %D values for the company were 35.06% and 21.24%, respectively, over the past 20 days.