Tootsie Roll Industries, Inc. (NYSE: TR): Retirees Don’t Worry About Volatility

Tootsie Roll Industries, Inc. (NYSE:TR) currently has a daily average trading volume of 142.59K but it saw 2201899 shares traded in last market. With a market cap of 2.12B USD, the company’s current market price of $29.58 came falling about -1.43 while comparing to the previous closing price of $30.01. In past 52 weeks, the stock remained buoying in the range of price level as high as $34.80 and as low as $28.13.

Taking a look at 20-day trading activity of Tootsie Roll Industries, Inc. (TR) gives us an average price of $30.01, while its current price level is -14.99% below from 52-week high level whereas it is 5.15% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $29.66 while that of 200 days or SMA-200 reads an average of $31.44. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.34% during that period while stretching the period over a month that decreases to 3.19%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 47.71 which implies that the stock is in neutral territory.

Over the week, TR’s stock price is moving -2.34% down while it is -0.70% when we observe its performance for the past one month. Year-to-date it is -8.34% down and over the past year, the stock is showing a downside performance of -10.44%.

Currently, Tootsie Roll Industries, Inc.’s total number of outstanding shares is 40.81M. Company’s return on investment (ROI) stands at 11.13% and return on equity (ROE) at 11.60%. It has a price to earnings ratio (P/E ratio) of 22.47. Stock’s beta reads 0.17. Stock has a price to book (P/B) ratio of 2.53 while price to sale or P/S ratio amounts to 2.78. Its return on asset (ROA) is 8.93% on average.