News coverage about Tootsie Roll Industries (NYSE:TR) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tootsie Roll Industries earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.0018783035536 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Tootsie Roll Industries (TR) opened at 37.55 on Monday. The company has a market cap of $2.37 billion, a price-to-earnings ratio of 34.93 and a beta of 0.70. The stock has a 50 day moving average of $36.87 and a 200-day moving average of $36.70. Tootsie Roll Industries has a one year low of $33.19 and a one year high of $40.44.
Separately, BidaskClub lowered shares of Tootsie Roll Industries from a “buy” rating to a “hold” rating in a report on Monday, July 31st.
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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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