Headlines about Tootsie Roll Industries (NYSE:TR) have trended positive recently, according to AlphaOne Sentiment. AlphaOne, a service of Accern, scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tootsie Roll Industries earned a news impact score of 0.27 on AlphaOne’s scale. AlphaOne also assigned media stories about the company an impact score of 83 out of 100, meaning that recent news coverage is very likely to have an effect on the company’s share price in the next few days.
Shares of Tootsie Roll Industries (NYSE:TR) traded down 0.29% during midday trading on Friday, hitting $34.90. The stock had a trading volume of 563,466 shares. Tootsie Roll Industries has a 12 month low of $33.19 and a 12 month high of $40.44. The stock’s 50-day moving average is $37.14 and its 200-day moving average is $37.37. The stock has a market cap of $2.21 billion, a PE ratio of 32.96 and a beta of 0.68.
About Tootsie Roll Industries
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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