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

Weiss Ratings reissued their sell (e+) rating on shares of 22nd Century Group (NASDAQ:XXII) in a research note released on Thursday,Weiss Ratings reports.

Separately, StockNews.com raised 22nd Century Group from a “sell” rating to a “hold” rating in a report on Monday, April 7th.

22nd Century Group Trading Down 2.8 %

XXII stock opened at $0.80 on Thursday. 22nd Century Group has a 52-week low of $0.70 and a 52-week high of $265.95. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 1.59. The firm has a market cap of $1.90 million, a P/E ratio of 0.00 and a beta of 2.03. The company’s 50-day simple moving average is $1.63 and its 200-day simple moving average is $6.98.

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.