Tootsie Roll Industries Inc. [NYSE: TR] gained 15.66% or 4.72 points to close at $34.86 with a heavy trading volume of 1123430 shares.
It opened the trading session at $31.50, the shares rose to $36.59 and dropped to $31.45, the range by which the price of stock traded the whole day. The daily chart for TR points out that the company has recorded 12.74% gains over the past six months. However, it is still -20.25% lower than its most recent low trading price.
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If we look at the average trading volume of 191.56K shares, TR reached to a volume of 1123430 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Tootsie Roll Industries Inc. [TR]:
The Average True Range (ATR) for Tootsie Roll Industries Inc. is set at 1.03, with the Price to Sales ratio for TR stock in the period of the last 12 months amounting to 4.72. The Price to Book ratio for the last quarter was 3.04, with the Price to Cash per share for the same quarter was set at 2.57. Price to Free Cash Flow for TR in the course of the last twelve months was 48.09 with Quick ratio for the last quarter at 3.10.
Trading performance analysis for TR stock
Tootsie Roll Industries Inc. [TR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 15.01. With this latest performance, TR shares gained by 16.28% in over the last four-week period, additionally plugging by 12.74% over the last 6 months – not to mention a rise of 4.14% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TR stock in for the last two-week period is set at 77.01, with the RSI for the last a single of trading hit 83.64, and the three-weeks RSI is set at 71.56 for Tootsie Roll Industries Inc. [TR]. The present Moving Average for the last 50 days of trading for this stock 30.69, while it was recorded at 30.88 for the last single week of trading, and 32.38 for the last 200 days.
Tootsie Roll Industries Inc. [TR]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Tootsie Roll Industries Inc. [TR] shares currently have an operating margin of +13.32 and a Gross Margin at +37.49. Tootsie Roll Industries Inc.’s Net Margin is presently recorded at +12.32.
Return on Total Capital for TR is now 9.19, given the latest momentum, and Return on Invested Capital for the company is 8.51. Return on Equity for this stock inclined to 8.60, with Return on Assets sitting at 6.74. When it comes to the capital structure of this company, Tootsie Roll Industries Inc. [TR] has a Total Debt to Total Equity ratio set at 1.29. Additionally, TR Total Debt to Total Capital is recorded at 1.28, with Total Debt to Total Assets ending up at 1.00. Long-Term Debt to Equity for the company is recorded at 1.06, with the Long-Term Debt to Total Capital now at 1.04.
Reflecting on the efficiency of the workforce at the company, Tootsie Roll Industries Inc. [TR] managed to generate an average of $32,460 per employee. Receivables Turnover for the company is 10.42 with a Total Asset Turnover recorded at a value of 0.55.Tootsie Roll Industries Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.10 and a Current Ratio set at 4.00.
Tootsie Roll Industries Inc. [TR]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Tootsie Roll Industries Inc. go to 9.00%.
An analysis of insider ownership at Tootsie Roll Industries Inc. [TR]
There are presently around $566 million, or 42.70% of TR stock, in the hands of institutional investors. The top three institutional holders of TR stocks are: VANGUARD GROUP INC with ownership of 1,927,766, which is approximately -3.185% of the company’s market cap and around 34.08% of the total institutional ownership; BLACKROCK INC., holding 1,903,998 shares of the stock with an approximate value of $66.37 million in TR stocks shares; and INVESCO LTD., currently with $37.13 million in TR stock with ownership of nearly -4.274% of the company’s market capitalization.
Positions in Tootsie Roll Industries Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 81 institutional holders increased their position in Tootsie Roll Industries Inc. [NYSE:TR] by around 2,051,069 shares. Additionally, 95 investors decreased positions by around 1,519,393 shares, while 44 investors held positions by with 12,654,933 shares. The mentioned changes placed institutional holdings at 16,225,395 shares, according to the latest SEC report filing. TR stock had 21 new institutional investments in for a total of 213,746 shares, while 34 institutional investors sold positions of 696,455 shares during the same period.