(TR) Tootsie Roll Industries - Ratings and Ratios

Tootsie Roll Industries, Inc. (NYSE:TR) is a leading U.S.-based confectionery manufacturer with a diverse portfolio of iconic candy brands. Established in 1896 and headquartered in Chicago, Illinois, the company produces and distributes a wide range of chewy, chocolate, and hard candy products. Its portfolio includes Tootsie Roll, Tootsie Pops, Junior Mints, Charleston Chew, and Andes, among others. The company’s products are sold through a broad distribution network, including major retailers, e-commerce platforms, and the U.S. military, ensuring widespread availability in the U.S. and international markets. Tootsie Roll Industries has maintained its position as a key player in the confectionery industry through its commitment to traditional manufacturing processes and strategic brand management.

Based on the provided data, Tootsie Roll Industries, Inc. (NYSE:TR) is expected to maintain its stable performance over the next three months. The stock’s moving averages (SMA20: $31.29, SMA50: $31.20, SMA200: $30.16) suggest a slight upward trend, with potential resistance near $32.50. The Average True Range (ATR: 0.75) indicates moderate volatility, with price fluctuations likely remaining within a narrow range. Fundamentally, the company’s P/E ratio (25.99) and P/S ratio (3.04) reflect a fairly valued stock, supported by consistent earnings and a strong market position. The forecast anticipates price stability, with support levels around $30.50 and potential upside limited to $32.75.