How to Buy 22nd Century Group Stock
22nd Century Group Inc
22nd Century Group, Inc. , an agricultural biotechnology company, focuses on tobacco harm reduction, reduced nicotine tobacco, and enhancing health and wellness through plant science for the life science and consumer products industries.
22nd Century Group stock last closed at $1.73, up 1.17% from the previous day, and has decreased 99.39% in one year. It has underperformed other stocks in the Tobacco industry by 0.68 percentage points. 22nd Century Group stock is currently +2.98% from its 52-week low of $1.68, and -99.7% from its 52-week high of $581.85.
At the moment, there are 2.37M shares of XXII outstanding. The market cap of XXII is $4.10M. In the past 24 hours, 37,781 XXII shares were traded.
How to Buy 22nd Century Group Stock
Not sure how to invest in 22nd Century Group stock? Here's how.
- Decide where to buy 22nd Century Group stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy 22nd Century Group stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Select your method of payment and add your details.
- Analyze 22nd Century Group stock: The 22nd Century Group ticker symbol is XXII. Is 22nd Century Group stock a good investment? Should you buy shares of XXII? How do XXII's underlying business fundamentals look? Do top analysts think 22nd Century Group is a good buy? Why has XXII's stock price moved recently? (Hint: Our stock research website can help you understand if XXII is a good stock to buy).
- Make your XXII trade: Decide if you will purchase XXII shares at the current market price or use a limit order to purchase XXII stock at a specific price.
- Get the latest news on your XXII position: Create a watchlist to get the latest news on your new investment in 22nd Century Group shares.
Step 1: Decide where to buy 22nd Century Group stock
You need a brokerage account to access the NASDAQ market and buy XXII shares.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. eToro gives you:
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- Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by signing up for an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the best brokerage, you need to fill out some personal details so you can buy XXII today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start a new brokerage account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have filled out your info on the stocks app, your next step is to transfer the money for your investment:
Watch the video below for more details transferring money into your new investment account.
Step 4: Analyze 22nd Century Group stock
Once you have identified the best place to buy 22nd Century Group stock, it's very important to evaluate their stock before you invest, so you can wrap your head around the risk as well as the opportunity.
22nd Century Group Metrics
Fundamentals of XXII
WallStreetZen was designed to help part-time investors perform better fundamental analysis.
You can see all of the due diligence checks on XXII's stock page.
Is XXII stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge XXII's true value.
Using relative valuations ratios:
- XXII could be undervalued based on its P/B ratio of 1.02x, relative to Tobacco industry P/B ratio of 8.59x
You can do additional valuation research on XXII's stock here.
How do XXII Financials look?
Passed Health Checks:
- XXII has $4.92M in cash and short term investments. This is enough to cover its annual cash burn of $14.46M.
- There are more short-term assets than short-term liabilities on the XXII balance sheet.
- There are more short-term assets than long-term liabilities on the XXII balance sheet.
Failed Health Checks:
- Total XXII debt is higher than 5 years ago, relative to shareholder equity.
- XXII has a relatively high debt to equity ratio of 4.4.
- XXII profit margin has gone up by 3.64 percentage points in the past year, but the company is still unprofitable.
- XXII has cash burn of 14464000. It does not have enough cash and short-term investments to cover this.
You can dig deeper into what analysts are projecting on the 22nd Century Group stock forecast page.
XXII Technical Indicators
XXII Performance Metrics
Last year, XXII revenue was $24.38M. In the last 5 year, XXII's revenue has gone up by -1.15% per year. This was slower than the Tobacco industry average of 2.34%.
You can analyze XXII's earnings and revenue performance here.
Are XXII executives and large shareholders buying or selling the stock?
In the last year, executives and large shareholders at XXII have bought more shares than they have sold.
Lawrence Firestone, Chief Executive Officer of XXII, was the latest XXII insider to buy. They bought $10,452.00 worth of XXII shares on Sep 12, 2024.
Dig into more about who owns XXII stock here.
Can I get consistent income from XXII stock?
No, 22nd Century Group doesn't provide an income stream by paying out dividends.
XXII Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your XXII trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount limit, use a limit order.
Click the Open button and your broker will place the order.
If you want more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your XXII position
Now that you own some XXII shares, you'll want to keep up with your investment.
Add XXII to a watchlist to monitor your XXII stock.
XXII Feed
How to Buy Stock in 22nd Century Group
To summarize, here are the 6 steps for buying 22nd Century Group stock:
- Decide where to buy 22nd Century Group stock
- Sign up for a brokerage account
- Deposit money your investment account
- Analyze 22nd Century Group stock
- Make your XXII trade
- Get the latest news on your XXII position
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get updates on your investment in 22nd Century Group, hit the button below to create your watchlist.
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