7 Basic Materials Stocks to Buy to Anchor Your Portfolio
The movement of basic materials stocks requires investors to keep a keen eye on the state of the economy to determine profitability. Raw materials such as plastic, steel, and lumber will always be in demand. Here are 7 stocks to take advantage of the growing demand!
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Shares Stats
| Shares Outstanding | 149,615,008 |
| Shares Float | 148,439,036 |
| Shares Short | 8,263,872 |
| Insider Holdings | 186% |
| Institution Holdings | 20.40% |
About 22nd Century Group, Inc
22nd Century Group, Inc., a plant biotechnology company, provides technology that allows to alter the level of nicotine and other nicotinic alkaloids in tobacco plants, and cannabinoids in hemp/cannabis plants through genetic engineering and plant breeding. The company offers SPECTRUM research cigarettes for use in independent clinical studies; and very low nicotine content (VLNC) tobacco cigarettes under the Moonlight and Moonlight Menthol brands. It is also involved in contract manufacturing business for third-party branded tobacco products. The company has a strategic research and development agreement with Keygene N.V. to develop hemp/cannabis plants for medical, therapeutic, and agricultural uses, as well as for other applications. 22nd Century Group, Inc. was founded in 1998 and is headquartered in Williamsville, New York.
General
| Name | 22nd Century Group, Inc |
| Ticker | XXII |
| Exchange | NYSE MKT |
| Sector | Healthcare |
| Industry | Drug Manufacturers-Specialty & Generic |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 67 |
Highlights
| Analyst Target | 7 |
| Market Cap | 463,806,496 |
| EBITDA | -20,948,652 |
Financials
| Curr Year EPS Estimate | -0.12 |
| Profit Margin | -0.70 |
| Return on Assets | -0.19 |
| Return on Equity | -0.37 |
| Revenue | 28,111,000 |
| Earnings Per Share | -0.14 |
| Revenue Per Share | 0.20 |
| Gross Profit | 1,438,000 |
| Quarterly Revenue Growth | 0.01 |
Valuation
| Price/Sales (Trailing 12 Mt.) | 16.27 |
| Price/Book (Most Recent Quarter) | 9.30 |
Earnings
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