22nd Century Group (NASDAQ:XXII) Raised to “Hold” at StockNews.com

StockNews.com upgraded shares of 22nd Century Group (NASDAQ:XXII) from a sell rating to a hold rating in a report released on Monday morning.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of 22nd Century Group in a research report on Saturday, March 22nd.

22nd Century Group Price Performance

NASDAQ XXII opened at $1.10 on Monday. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.09 and a quick ratio of 0.93. The firm has a market capitalization of $2.61 million, a price-to-earnings ratio of 0.00 and a beta of 2.03. The company has a 50 day simple moving average of $2.46 and a 200-day simple moving average of $9.61. 22nd Century Group has a 52-week low of $0.97 and a 52-week high of $369.23.

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.