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

22nd Century Group (NASDAQ:XXII) was upgraded by equities research analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued to investors on Monday.

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 Trading Down 4.5 %

NASDAQ:XXII opened at $1.05 on Monday. The company has a market capitalization of $2.49 million, a PE ratio of 0.00 and a beta of 2.03. 22nd Century Group has a 52-week low of $0.97 and a 52-week high of $275.40. The stock has a fifty day simple moving average of $2.32 and a 200-day simple moving average of $9.31. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 1.59.

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.