22nd Century Group Inc (XXII) Set to Announce Earnings on Monday
22nd Century Group Inc (NYSE:XXII) will post its quarterly earnings results after the market closes on Monday, November 6th. Analysts expect 22nd Century Group to post earnings of ($0.02) per share for the quarter.
22nd Century Group Inc (NYSE:XXII) opened at 2.28 on Monday. The firm’s 50 day moving average price is $2.81 and its 200-day moving average price is $1.99. 22nd Century Group Inc has a one year low of $0.81 and a one year high of $3.50. The company’s market capitalization is $234.29 million.
In related news, VP Michael Robert Moynihan sold 50,000 shares of the company’s stock in a transaction on Friday, September 29th. The stock was sold at an average price of $2.67, for a total transaction of $133,500.00. Following the completion of the sale, the vice president now directly owns 867,220 shares in the company, valued at approximately $2,315,477.40. The sale was disclosed in a filing with the SEC, which is available through this link.
An institutional investor recently raised its position in 22nd Century Group stock. Northern Trust Corp raised its position in 22nd Century Group Inc (NYSE:XXII) by 22.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 133,797 shares of the biotechnology company’s stock after purchasing an additional 24,401 shares during the quarter. Northern Trust Corp owned 0.15% of 22nd Century Group worth $234,000 as of its most recent SEC filing.
XXII has been the topic of several analyst reports. Zacks Investment Research raised 22nd Century Group from a “hold” rating to a “buy” rating and set a $2.25 target price on the stock in a report on Saturday, August 19th. Chardan Capital increased their target price on 22nd Century Group from $3.50 to $11.50 and gave the stock a “buy” rating in a report on Monday, October 16th.
22nd Century Group Company Profile
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