22nd Century Group (XXII) Earning Very Favorable News Coverage, Report Finds
News articles about 22nd Century Group (NYSE:XXII) have trended very positive recently, AlphaOne Sentiment reports. The research firm, a unit of Accern, ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. 22nd Century Group earned a media sentiment score of 0.56 on AlphaOne’s scale. AlphaOne also gave news coverage about the biotechnology company an impact score of 100 out of 100, indicating that recent media coverage is extremely likely to have an effect on the company’s share price in the near future.
These are some of the news articles that may have impacted Alpha One’s scoring:
- 22nd Century : Receives Order for 2.4 Million SPECTRUM® U.S. Government Research Cigarettes (4-traders.com)
- 22nd Century Group (XXII) Meets with FDA on Modified Risk Tobacco Product Application For Low Nicotine Tobacco Cigarettes (streetinsider.com)
- 22nd Century Group (XXII) Meets with FDA on Modified Risk … – StreetInsider.com (streetinsider.com)
- 22nd Century Meets with FDA on Modified Risk Tobacco Product Application for World’s Lowest Nicotine Tobacco Cigarettes (finance.yahoo.com)
- 22nd Century : New International Survey Shows Overwhelming Support for Very Low Nicotine Cigarettes (4-traders.com)
Several brokerages recently weighed in on XXII. Zacks Investment Research downgraded 22nd Century Group from a “buy” rating to a “sell” rating in a research note on Wednesday, May 24th. Chardan Capital restated a “buy” rating and set a $3.50 target price on shares of 22nd Century Group in a research note on Tuesday, March 7th.
22nd Century Group (NYSE XXII) traded up 1.10% during mid-day trading on Friday, reaching $1.83. The company’s stock had a trading volume of 1,931,781 shares. 22nd Century Group has a one year low of $0.77 and a one year high of $2.00. The firm’s market cap is $166.34 million. The stock’s 50 day moving average is $1.49 and its 200 day moving average is $1.15.
In other news, VP Michael Robert Moynihan sold 20,468 shares of 22nd Century Group stock in a transaction dated Thursday, June 8th. The stock was sold at an average price of $2.00, for a total transaction of $40,936.00. Following the sale, the vice president now owns 946,752 shares in the company, valued at $1,893,504. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
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22nd Century Group Company Profile
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