Weiss Ratings Reaffirms Sell (E) Rating for 22nd Century Group (NASDAQ:XXII)

Weiss Ratings restated their sell (e) rating on shares of 22nd Century Group (NASDAQ:XXIIFree Report) in a research note issued to investors on Tuesday morning,Weiss Ratings reports.

Separately, StockNews.com upgraded 22nd Century Group from a “sell” rating to a “hold” rating in a research note on Monday.

Read Our Latest Stock Analysis on XXII

22nd Century Group Trading Down 10.9 %

Shares of XXII stock opened at $0.95 on Tuesday. 22nd Century Group has a fifty-two week low of $0.89 and a fifty-two week high of $265.95. The firm’s 50 day moving average price is $2.14 and its two-hundred day moving average price is $8.73. The stock has a market cap of $2.26 million, a price-to-earnings ratio of 0.00 and a beta of 2.03. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 1.59.

22nd Century Group Company Profile

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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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