22nd Century Group, Inc. (NASDAQ:XXII – Get Free Report) CEO Lawrence Firestone purchased 39,000 shares of the business’s stock in a transaction dated Thursday, September 12th. The stock was bought at an average price of $0.27 per share, with a total value of $10,530.00. Following the acquisition, the chief executive officer now directly owns 54,250 shares in the company, valued at $14,647.50. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
22nd Century Group Stock Down 5.2 %
NASDAQ XXII opened at $0.27 on Friday. The business has a 50 day moving average price of $0.59 and a 200 day moving average price of $7.11. 22nd Century Group, Inc. has a 1-year low of $0.26 and a 1-year high of $23.20.
22nd Century Group (NASDAQ:XXII – Get Free Report) last announced its quarterly earnings results on Tuesday, August 13th. The biotechnology company reported ($0.36) earnings per share for the quarter. The firm had revenue of $7.95 million during the quarter. 22nd Century Group had a negative net margin of 275.12% and a negative return on equity of 380.39%.
Hedge Funds Weigh In On 22nd Century Group
Wall Street Analysts Forecast Growth
Separately, StockNews.com began coverage on shares of 22nd Century Group in a report on Sunday, September 8th. They issued a “sell” rating for the company.
Check Out Our Latest Stock Analysis on 22nd Century Group
About 22nd Century Group
22nd Century Group, Inc, a tobacco products company, engages in the sale and distribution of its own proprietary new reduced nicotine tobacco products. The company offers reduced nicotine content tobacco plants and very low nicotine combustible cigarette products. It also provides contract manufacturing services for conventional combustible tobacco products for third-party brands.
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