Potential Investment Options: 22nd Century Group Inc(NYSEMKT:XXII), Rewalk Robotics Ltd(NASDAQ:RWLK), and Hemp InC(OTCMKTS:HEMP)

Posted by admin September 19, 2014 0 Comment 843 views

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22nd Century Group Inc(NYSEMKT:XXII) gained thirty-two cents to move to a closing price of $2.89. The 12.45% increase in value places the stock $2.02 above its 52 week low of $0.87. 22nd Century Group Inc(NYSEMKT:XXII), a company that traded within a range of $2.66 to $3.12 after opening at a price of $3.07, announced Thursday that it had entered into an agreement with a plant biotechnology company in Vancouver. As a result of the deal, 22nd Century Group now has exclusive rights to four genes required for cannabinoid for production in the cannabis plant.

Rewalk Robotics Ltd(NASDAQ:RWLK) suffered a 16.17% decrease in value yesterday as the stock fell $5.45 to move to a closing price of $28.25. The stock has traded within a range of $11.50 to $43.71 over the past 52 weeks. Rewalk Robotics Ltd(NASDAQ:RWLK)had a trading volume of 2.61 million yesterday, a figure which is 7.42 million lower the company’s three month average volume of 9.03 million. The company announced the closing of its initial public offering of 3,450,000 ordinary shares at $12 per share on Sept. 17th.

Hemp Inc(OTCMKTS:HEMP) maintained its value during yesterday’s trading as the stock finished the day at its previous closing price of $0.0280. The company has traded within a range of $0.01 to $1.10 over the past 52 weeks. Hemp Inc(OTCMKTS:HEMP) has seen its value plummet ever since the stock was reported to have been used in a pump-and-dump scheme that artificially inflated the stock’s value. The company currently has a market capitalization of $6.38 million and 227.92 million tradeable shares.

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