Tootsie Roll Industries (TR) Earning Somewhat Favorable Media Coverage, Analysis Finds
Headlines about Tootsie Roll Industries (NYSE:TR) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Tootsie Roll Industries earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.3433719089611 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Tootsie Roll Industries (NYSE:TR) opened at $36.30 on Friday. Tootsie Roll Industries has a twelve month low of $34.30 and a twelve month high of $41.65. The firm has a market capitalization of $2,295.00, a P/E ratio of 34.34 and a beta of 0.66.
Separately, BidaskClub downgraded 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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