22nd Century Group Inc (NYSEAMERICAN:XXII) Director Nora B. Sullivan purchased 22,000 shares of the business’s stock in a transaction on Monday, June 29th. The stock was acquired at an average cost of $0.78 per share, with a total value of $17,160.00. Following the completion of the acquisition, the director now directly owns 308,523 shares in the company, valued at approximately $240,647.94. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of XXII opened at $0.78 on Wednesday. 22nd Century Group Inc has a 12-month low of $0.60 and a 12-month high of $2.46.
22nd Century Group (NYSEAMERICAN:XXII) last released its earnings results on Thursday, May 7th. The biotechnology company reported ($0.03) EPS for the quarter. The company had revenue of $7.10 million for the quarter.
22nd Century Group Company Profile
22nd Century Group, Inc, a plant biotechnology company, provides technology that allows increasing or decreasing the level of nicotine and other nicotinic alkaloids in tobacco plants, and cannabinoids in hemp/cannabis plants through genetic engineering and plant breeding. It offers premium cigarettes under the RED SUN and MAGIC brands; and SPECTRUM research cigarettes for use in independent clinical studies.
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