Somewhat Favorable Media Coverage Somewhat Unlikely to Affect 22nd Century Group (XXII) Share Price
Media headlines about 22nd Century Group (NYSE:XXII) have trended somewhat positive recently, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. 22nd Century Group earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news coverage about the biotechnology company an impact score of 46.1401469268997 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Captivating Stock-:- Facebook, Inc. (NASDAQ:FB), 22nd Century Group, Inc. (NYSE:XXII), E*TRADE Financial … – Market Breaking Point (press release) (journalfinance.net)
- 22nd Century Group Closes $54 Million Common Stock Only Registered Direct Offering – Business Wire (press release) (businesswire.com)
- 22nd Century Group Is Down But Could Quickly Recover – Seeking Alpha (seekingalpha.com)
- 22nd Century Group Inc (XXII) Short Interest Up 0.8% in September (americanbankingnews.com)
Shares of 22nd Century Group (NYSE XXII) opened at 2.86 on Friday. The firm’s 50-day moving average is $2.69 and its 200-day moving average is $1.88. 22nd Century Group has a 12-month low of $0.81 and a 12-month high of $3.50. The firm’s market capitalization is $293.89 million.
Separately, Zacks Investment Research lowered shares of 22nd Century Group from a “hold” rating to a “sell” rating in a report on Tuesday, September 26th.
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In other 22nd Century Group news, VP Michael Robert Moynihan sold 50,000 shares of the business’s stock in a transaction that occurred on Friday, September 29th. The shares were sold at an average price of $2.67, for a total transaction of $133,500.00. Following the completion of the sale, the vice president now directly owns 867,220 shares in the company, valued at $2,315,477.40. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
About 22nd Century Group
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