News stories about Tootsie Roll Industries (NYSE:TR) have been trending somewhat positive on Sunday, according to Accern Sentiment. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tootsie Roll Industries earned a news impact score of 0.11 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.7462289642694 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Separately, BidaskClub raised shares of Tootsie Roll Industries from a “hold” rating to a “buy” rating in a report on Tuesday, July 11th.
Tootsie Roll Industries (NYSE:TR) traded down 0.28% during mid-day trading on Friday, reaching $35.45. 127,055 shares of the company’s stock were exchanged. Tootsie Roll Industries has a 52-week low of $33.35 and a 52-week high of $40.44. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of 33.79 and a beta of 0.69. The company has a 50-day moving average of $37.28 and a 200-day moving average of $36.59.
The firm also recently announced a quarterly dividend, which was paid on Thursday, October 12th. Stockholders of record on Monday, October 2nd were paid a $0.09 dividend. The ex-dividend date of this dividend was Friday, September 29th. This represents a $0.36 annualized dividend and a dividend yield of 1.02%. Tootsie Roll Industries’s payout ratio is 33.91%.
Tootsie Roll Industries Company Profile
Tootsie Roll Industries, Inc and its subsidiaries are engaged in the manufacture and sale of confectionery products. The Company offers a range of candy, chocolate and bubble gum brands. Its products are marketed in a range of packages designed to be suitable for display and sale in different types of retail outlets.
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