Tootsie Roll Industries (NYSE:TR – Get Free Report) was downgraded by investment analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued on Sunday.
Tootsie Roll Industries Price Performance
Tootsie Roll Industries stock opened at $29.99 on Friday. Tootsie Roll Industries has a one year low of $28.13 and a one year high of $35.98. The business has a fifty day moving average price of $29.64 and a 200-day moving average price of $31.49. The firm has a market capitalization of $2.14 billion, a P/E ratio of 22.94 and a beta of 0.17.
Tootsie Roll Industries (NYSE:TR – Get Free Report) last posted its quarterly earnings results on Wednesday, April 24th. The company reported $0.22 EPS for the quarter. Tootsie Roll Industries had a return on equity of 11.63% and a net margin of 12.51%. The firm had revenue of $151.46 million during the quarter.
Institutional Investors Weigh In On Tootsie Roll Industries
Tootsie Roll Industries Company Profile
Tootsie Roll Industries, Inc, together with its subsidiaries, engages in the manufacture and sale of confectionery products in the United States, Canada, Mexico, and internationally. It sells its products under the Tootsie Roll, Tootsie Fruit Rolls, Frooties, Tootsie Pops, Tootsie Mini Pops, Child's Play, Caramel Apple Pops, Charms, Blow-Pop, Charms Mini Pops, Cella's, Dots, Junior Mints, Charleston Chew, Sugar Daddy, Sugar Babies, Andes, Fluffy Stuff, Dubble Bubble, Razzles, Cry Baby, NIK-L-NIP, and Tutsi Pop trademarks.
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