Media stories about Tootsie Roll Industries (NYSE:TR) have been trending somewhat positive on Thursday, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tootsie Roll Industries earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.883215943626 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Separately, TheStreet downgraded shares of Tootsie Roll Industries from a “b-” rating to a “c+” rating in a research note on Thursday, April 5th.
TR stock opened at $29.85 on Thursday. Tootsie Roll Industries has a 1 year low of $28.50 and a 1 year high of $39.45. The stock has a market capitalization of $1,927.65, a P/E ratio of 23.87 and a beta of 0.67.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 27th. Shareholders of record on Tuesday, March 6th were paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date was Monday, March 5th.
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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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