Tootsie Roll Industries (TR) Receiving Somewhat Positive Press Coverage, Study Shows
Media stories about Tootsie Roll Industries (NYSE:TR) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tootsie Roll Industries earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.2489983899028 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news stories that may have impacted Accern Sentiment’s scoring:
- Tootsie Roll Industries (TR) Shares Cross Above 200 DMA (nasdaq.com)
- ETFs with exposure to Tootsie Roll Industries, Inc. : December 12, 2017 (finance.yahoo.com)
- Tootsie Roll Industries, Inc. (TR) Announces $0.09 Quarterly Dividend (americanbankingnews.com)
- Tootsie Roll Industries, Inc. breached its 50 day moving average in a Bearish Manner : TR-US : December 8, 2017 (finance.yahoo.com)
Shares of Tootsie Roll Industries (NYSE:TR) traded down $0.05 on Thursday, hitting $36.55. 76,718 shares of the stock traded hands, compared to its average volume of 94,364. Tootsie Roll Industries has a 52 week low of $34.30 and a 52 week high of $41.65. The firm has a market capitalization of $2,298.15, a P/E ratio of 34.38 and a beta of 0.68.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Monday, December 18th will be issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 0.98%. The ex-dividend date of this dividend is Friday, December 15th. Tootsie Roll Industries’s dividend payout ratio (DPR) is 33.91%.
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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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