Is 22nd Century Group Inc (XXII) a Buy? The Stock Rises Again

September 17, 2017 - By Vivian Park

Investors sentiment decreased to 1 in Q4 2016. Its down 0.30, from 1.3 in 2016Q3. It worsened, as 8 investors sold 22nd Century Group Inc shares while 7 reduced holdings. 7 funds opened positions while 8 raised stakes. 4.63 million shares or 58.25% more from 2.93 million shares in 2016Q3 were reported.
Morgan Stanley holds 0% or 1,000 shares. Charter Tru has 0% invested in 22nd Century Group Inc (NYSEMKT:XXII). Qci Asset Management invested in 100 shares or 0% of the stock. Strategic Advsr Ltd, New York-based fund reported 49,000 shares. Royal Comml Bank Of Canada invested 0% in 22nd Century Group Inc (NYSEMKT:XXII). 443,658 were reported by Geode Capital Ltd Liability Co. San Francisco Sentry Inv Grp Inc (Ca) has 15,800 shares for 0.01% of their portfolio. Bank & Trust Of America Corporation De owns 0% invested in 22nd Century Group Inc (NYSEMKT:XXII) for 44,886 shares. Blackrock Fund Advisors holds 0% or 14,483 shares in its portfolio. 6,371 were reported by Creative Planning. Raymond James Ser has invested 0% in 22nd Century Group Inc (NYSEMKT:XXII). California-based Blackrock Institutional Company Na has invested 0% in 22nd Century Group Inc (NYSEMKT:XXII). Cambridge Inv invested 0% in 22nd Century Group Inc (NYSEMKT:XXII). Associated Banc owns 0% invested in 22nd Century Group Inc (NYSEMKT:XXII) for 20,000 shares. 29,874 were accumulated by Citadel Ltd Liability Com.

The stock of 22nd Century Group Inc (NYSEMKT:XXII) is a huge mover today! The stock increased 6.12% or $0.18 on September 15, reaching $3.21. About 7.94 million shares traded or 82.11% up from the average. 22nd Century Group Inc (NYSEMKT:XXII) has risen 72.44% since September 17, 2016 and is uptrending. It has outperformed by 55.74% the S&P500.
The move comes after 6 months positive chart setup for the $329.86 million company. It was reported on Sep, 17 by Barchart.com. We have $3.50 PT which if reached, will make NYSEMKT:XXII worth $29.69M more.

More important recent 22nd Century Group Inc (NYSEMKT:XXII) news were published by: Fool.com which released: “Here’s What’s Pushing Up 22nd Century Group Inc. Stock Today” on August 23, 2017, also Businesswire.com published article titled: “22nd Century to Speak at Global Tobacco & Nicotine Forum”, Journalnow.com published: “The Briefcase: 22nd Century Group CEO to speak at tobacco forum” on September 14, 2017. More interesting news about 22nd Century Group Inc (NYSEMKT:XXII) was released by: Seekingalpha.com and their article: “22nd Century Group Could Win Big From FDA Plan To Reduce Nicotine In Cigarettes” with publication date: September 05, 2017.

22nd Century Group, Inc. is a plant biotechnology company. The company has market cap of $329.86 million. The Firm is focused on technology that allows increasing or decreasing the level of nicotine and other nicotinic alkaloids in tobacco plants, and levels of cannabinoids in cannabis plants through genetic engineering and plant breeding. It currently has negative earnings.

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