22nd Century Group (NYSE:XXII) Earns Daily Media Impact Score of 0.08

Headlines about 22nd Century Group (NYSE:XXII) have trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded 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 0.08 on Accern’s scale. Accern also assigned news articles about the biotechnology company an impact score of 46.9277541253569 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:

Separately, Zacks Investment Research upgraded 22nd Century Group from a “sell” rating to a “buy” rating and set a $2.00 price objective for the company in a report on Saturday, July 1st.

Shares of 22nd Century Group (NYSE XXII) opened at 1.62 on Thursday. The company has a 50-day moving average price of $1.70 and a 200-day moving average price of $1.26. The company’s market cap is $147.25 million. 22nd Century Group has a 12-month low of $0.79 and a 12-month high of $2.00.

In related news, VP Michael Robert Moynihan sold 20,468 shares of the firm’s stock in a transaction on Thursday, June 8th. The stock was sold at an average price of $2.00, for a total transaction of $40,936.00. Following the completion of the transaction, the vice president now directly owns 946,752 shares of the company’s stock, valued at approximately $1,893,504. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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