Two Stocks in Concentration: 22nd Century Group, Inc (NYSE:XXII), East West Bancorp, Inc. (NASDAQ:EWBC)


22nd Century Group, Inc (NYSE:XXII)

22nd Century Group, Inc (NYSE:XXII) represented a move of 3.75 percent or $-0.13 per share and closed its previous day trading session at $3.04. 2.3 Million Shares were traded in the last trading session with an Average Volume of 2.04 Million Shares. The stock currently has a Market Capitalization of 364.5 Million.

22nd Century Group, Inc. is a plant biotechnology company focused on decreasing/increasing the level of nicotine in the tobacco plant through genetic engineering and breeding. The Company is focused on development of smoking cessation aid and owns and controls several patents. The company’s products include X-22, a prescription smoking cessation aid, which is a tobacco-based botanical medical product for use as a smoking cessation therapy. 22nd Century Group, Inc. is based in Williamsville, New York.

The stock traded between $1.92 and $4.44 over 1-Year time period showing its price to sales ratio of 14.46. 22nd Century Group, Inc (NYSE:XXII) is currently showing an INCREASING volatility over a period of 10-Days while the 20-Days Volatility showing a DECREASING trend.

Right now, the stock has a 50-Day Simple Moving Average of $11.24 and 200-Day Simple Moving Average of $21.3. Its Price to Free Cash Flow is 0 and Price to Book of 4.75.

Analyst’s recommended the stock as 2 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, 22nd Century Group, Inc (NYSE:XXII) reported its Actual EPS of $-0.03/share. The analysts offering Earnings Estimates for the company were believing that 22nd Century Group, Inc could bring EPS of $-0.02/share. The difference between Actual EPS and Estimated EPS was -0.01 Percent. Thus showing an Earnings Surprise of -50 Percent.

East West Bancorp, Inc. (NASDAQ:EWBC)

In the last trading session, East West Bancorp, Inc. (NASDAQ:EWBC) added its value by 1.53% closing at the price of $53.69. The stock currently has market capitalization of 7.78 Billion, with average volume of 905.85 Million shares.

Beta is also a factor of measure of the relative volatility of a particular stock to the market. Currently East West Bancorp, Inc. (NASDAQ:EWBC) is showing beta of 1.39. This particular value of beta suggests that East West Bancorp, Inc. (NASDAQ:EWBC) has historically moved 139% for every 100% move in the benchmark, based on price level.

EPS is another important factor while making the decision of buying, selling or holding of particular share. Currently EPS for East West Bancorp, Inc. (NASDAQ:EWBC) is at $4.38.

The stock currently has RSI of 48.66. RSI is considered overbought when above 70 and oversold when below 30, currently the given RSI for the stock suggests that the stock is average and it has not entered in overbought or oversold territory.

East West Bancorp, Inc. is the holding company for East West Bank. East West Bank commenced operations in 1973 as a federally chartered savings institution serving the immigrant Chinese-American community. Through the years, East West has grown into a full service commercial bank focused on the U.S. and Greater China markets. As one of the few U.S. banks with a full banking license in China and decades of cross-border banking experience, East West is the leading bank serving the Asian community in the U.S. East West Bank is headquartered in Pasadena, California and has over many locations in the U.S. and Greater China. In the U.S., East West has branches in California, Georgia, Massachusetts, Nevada, New York, Texas and Washington. In Greater China, East West’s presence includes full service branches in Hong Kong, Shanghai, Shantou and Shenzhen, and representative offices in Beijing, Chongqing, Guangzhou, Taipei and Xiamen.

East West Bancorp, Inc. (NASDAQ:EWBC) topped its 52-week high price of $73.98 on 06/07/18 and 52-Week Low Price of $50.15 on 11/21/18. The Stock currently has P/E (price to earnings ttm) of 12.25 and Weekly volatility of 2.28% and monthly volatility of 2.54% respectively.