22nd Century Group, Inc. (XXII)
| Market Cap | 12.08M |
| Revenue (ttm) | 32.20M |
| Net Income (ttm) | -150.77M |
| Shares Out | 7.90M |
| EPS (ttm) | -116.48 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 156,843 |
| Open | 1.650 |
| Previous Close | 1.590 |
| Day's Range | 1.510 - 1.650 |
| 52-Week Range | 1.450 - 170.400 |
| Beta | 1.50 |
| Analysts | Buy |
| Price Target | 80.00 (+5,128.76%) |
| Earnings Date | May 21, 2024 |
About XXII
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. The company was founded in 1998 and is headquartered in Mocksville, North Carolina. [Read more]
Financial Performance
In 2023, XXII's revenue was $32.20 million, a decrease of -20.49% compared to the previous year's $40.50 million. Losses were -$150.77 million, 152.1% more than in 2022.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for XXII stock is "Buy." The 12-month stock price forecast is $80.0, which is an increase of 5,128.76% from the latest price.
News
22nd Century Group to Participate in the Aegis Capital Virtual Conference on May 9, 2024
Mocksville, North Carolina--(Newsfile Corp. - May 8, 2024) - 22nd Century Group, Inc. (Nasdaq: XXII), a tobacco products company focused on nicotine harm reduction, today announced that it will presen...
22nd Century Group (XXII) to Announce First Quarter 2024 Results on May 15, 2024
Mocksville, North Carolina--(Newsfile Corp. - May 7, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII), a tobacco company focused on tobacco harm reduction to improve health and wellness, will host a li...
22nd Century Eliminates $5.2 Million of Debt in Above-Market Equity Transaction
Improves Balance Sheet, Eliminates Future Omnia Interest Expense and Increases Shareholder Equity Mocksville, North Carolina--(Newsfile Corp. - April 30, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII...
22nd Century Group Announces Resignation of Sullivan and Mish from the Board of Directors
Intends to Reduce Board to Four Seats in Upcoming Proxy Mocksville, North Carolina--(Newsfile Corp. - April 18, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII), a tobacco products company focused on n...
22nd Century Group Regains Compliance with NASDAQ Minimum Bid Price Rule
Continues Focus on Growing Sales with New Contracts, Progress Toward Cash Positive Operations Mocksville, North Carolina--(Newsfile Corp. - April 18, 2024) - 22nd Century Group, Inc. (Nasdaq: XXII), a...
22nd Century Group to Participate in the Planet MicroCap Showcase on May 1-2, 2024
Mocksville, North Carolina--(Newsfile Corp. - April 15, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII), a tobacco products company focused on nicotine harm reduction, today announced that it will pre...
22nd Century Group Expands CMO Business with New Pinnacle Brand Cigarillo Products
Pinnacle Branded Products Growing At Over 10% at Top-5 U.S. C-Store Chain Mocksville, North Carolina--(Newsfile Corp. - April 11, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII), a tobacco products co...
22nd Century Announces Plan to Eliminate Its Senior Secured Debt
Company Bolsters Balance Sheet with $4.2 Million Capital Infusion New Senior Leadership Team Announced to Further Drive Shareholder Value Mocksville, North Carolina--(Newsfile Corp. - April 8, 2024) -...
22nd Century Group (XXII) Signs Large New CMO Customer
New Contract Will Commence in Second Quarter, Ultimately Boost CMO Volumes by More Than 20% Mocksville, North Carolina--(Newsfile Corp. - April 4, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII), a to...
22nd Century Group (XXII) Reports Fourth Quarter 2023 Financial Results
Mocksville, North Carolina--(Newsfile Corp. - March 28, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII), a tobacco products company focused on nicotine harm reduction, today reported results for the f...
22nd Century Group to Announce Fourth Quarter 2023 Results on March 28, 2024
Mocksville, North Carolina--(Newsfile Corp. - March 15, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII), a tobacco company focused on tobacco harm reduction to improve smoker health and wellness, will...
22nd Century Group Announces Reduction in Board Compensation
Reduced Cost Structure Expected to Save more than $1Million Annually in 2024, Aligns Board with Corporate-Wide Lean Operating Commitment Mocksville, North Carolina--(Newsfile Corp. - February 13, 2024...
22nd Century Group to Present at the Emerging Growth Conference on February 8, 2024
Mocksville, North Carolina--(Newsfile Corp. - February 6, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII) (the "Company" or "22nd Century"), a biotechnology company focused on utilizing advanced plant...
22nd Century Group Announces Partial Adjournment of Annual Meeting for Proposal 2, All Other Proposals Passed
Transforming Business into Lean Operating Base, Extending Cash Runway, Shareholder Meeting to Re-convene February 15 Mocksville, North Carolina--(Newsfile Corp. - January 24, 2024) - 22nd Century Grou...
22nd Century Group Provides Shareholder Update and Highlights Insider Stock Purchases from Management
Fireside Chat Webcast Event to Take Place January 17, 2024 Buffalo, New York--(Newsfile Corp. - January 17, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII) (the "Company" or "22nd Century"), a biotech...
22nd Century Group to Host Fireside Chat Event on January 17
Analyst Hosted Event to Discuss Refocused Business, Cost Reductions and Turnaround Plan Buffalo, New York--(Newsfile Corp. - January 12, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII) (the "Company" ...
22nd Century Group Completes Sale of Hemp/Cannabis Franchise
Sale Will Significantly Reduce Operating Expenses, Ultimately Reduce Debt by $5.2 Million Buffalo, New York--(Newsfile Corp. - December 28, 2023) - 22nd Century Group, Inc. (NASDAQ: XXII) (the "Compan...
22nd Century Group's Senior Lender Approves Sale of Hemp/Cannabis Franchise on Improved Terms
Sale and Related Actions Ultimately Expected to Reduce Debt Principal by $5.2 Million Buffalo, New York--(Newsfile Corp. - December 14, 2023) - 22nd Century Group, Inc. (NASDAQ: XXII) (the "Company" o...
22nd Century Secures $3.2 Million to Date in Warrant Exchange Transaction
Newly Appointed CEO Leading Restructuring to Focus on Tobacco Industry Operations, Reduce Costs Newly Appointed CEO Leading Restructuring to Focus on Tobacco Industry Operations, Reduce Costs
22nd Century Appoints Larry Firestone as Chairman and CEO
Turnaround Veteran to Focus on Unlocking Shareholder Value in Tobacco Assets Turnaround Veteran to Focus on Unlocking Shareholder Value in Tobacco Assets
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22nd Century Group Enters into Agreement to Sell Hemp/Cannabis Franchise
Sale Expected to Result in Immediate and Significant Reduction in Operating Costs and Cash Requirements Sale Expected to Result in Immediate and Significant Reduction in Operating Costs and Cash Requi...
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22nd Century Group Continues VLN® Expansion, Now Retailing in More Than 5,100 Stores
BUFFALO, N.Y., Nov. 08, 2023 (GLOBE NEWSWIRE) -- 22nd Century Group, Inc. (Nasdaq: XXII), a leading biotechnology company focused on utilizing advanced plant technologies to improve health and wellne...
22nd Century Group (XXII) Expands Reduced Nicotine Content Tobacco IP with Latest Technology License
Additional Exclusive License with NCSU Further Expands Reduced Nicotine Content Plant Breeding Capabilities Additional Exclusive License with NCSU Further Expands Reduced Nicotine Content Plant Breedi...