Volatility Spiking as Shares Ride the Wave: 22nd Century Group, Inc. (:XXII), BeiGene, Ltd. (NASDAQ:BGNE)

Shares of 22nd Century Group, Inc. (:XXII) are showing high volatlity in today’s session as the stock has moved 6.29%, clocking in at $3.21 after a recent bid.

Volatility is the dispersion of returns for a given stock. It is quantified by short-term traders as the average difference between a stock’s daily high and daily low, then divided by the stock price. In other words, volatility refers to the amount of risk about the size of changes in a stock’s value. 

Analyst Views

Based on data provided from analysts polled by Thomson Reuters, 22nd Century Group, Inc. has a current consensus target price of 3.50. The current consensus analyst recommendation is sitting at 2.00 on company shares. Investors will likely be tracking any consensus estimate changes heading into the next earnings period.

Moving Averages and ATR

After a recent spot-check, 22nd Century Group, Inc. (:XXII)’s ATR is 0.21. The Average True Range (ATR) is a measure of stock volatility. The Average True Range is an exponential moving average (14-days) of the True Range. The range of a day’s trading is high-low, and True Range expands into yesterday’s close when it lands outside of today’s range.

Taking a closer look into the volatility on shares of 22nd Century Group, Inc. (:XXII), we notice that the stock is 37.47% off of the 20-Day Simple Moving Average. Zooming out to the 50-Day Simple Moving Average, we can see a difference of 57.69% from current stock levels.

Going out even further, the 200-Day Simple Moving Average is recorded 127.37% away from the current share price. Company shares were recently noted -3.89% off of the 50-day high and 141.35% away from the 50-day low. Let’s also take a quick peek at the 52 week highs/lows. At present, the stock is -3.89% separated from the 52 week high and 296.30% from the low.

BeiGene, Ltd. (NASDAQ:BGNE) shares are displaying elevated levels of volatility in today’s session. After a recent check, shares have been spotted at $80.90 showing a change in the session of 6.46%.

Based on data provided from analysts polled by Thomson Reuters, BeiGene, Ltd. has a current consensus target price of 77.40. The current consensus analyst recommendation is sitting at 1.60 on company shares. Investors will likely be tracking any consensus estimate changes heading into the next earnings period.

After a recent spot-check, BeiGene, Ltd. (NASDAQ:BGNE)’s ATR is 3.90. The Average True Range (ATR) is a measure of stock volatility. The Average True Range is an exponential moving average (14-days) of the True Range. The range of a day’s trading is high-low, and True Range expands into yesterday’s close when it lands outside of today’s range.

Taking a closer look into the volatility on shares of BeiGene, Ltd. (NASDAQ:BGNE), we notice that the stock is 13.85% off of the 20-Day Simple Moving Average. Zooming out to the 50-Day Simple Moving Average, we can see a difference of 12.08% from current stock levels.

Going out even further, the 200-Day Simple Moving Average is recorded 77.20% away from the current share price. Company shares were recently noted 1.26% off of the 50-day high and 34.83% away from the 50-day low. Let’s also take a quick peek at the 52 week highs/lows. At present, the stock is 1.26% separated from the 52 week high and 206.09% from the low.

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