Lucid Group executes 1-for-10 reverse stock split
Tootsie Roll Industries Inc (TR) has reached a new 52-week high, with its stock price climbing to 40.48 USD. According to InvestingPro data, the company maintains a "GREAT" financial health score, supported by a robust current ratio of 3.99. This milestone reflects a significant upward trend for the company, with an even more impressive 44.29% return over the past year. The confectionery company, known for its iconic candies and consistent 55-year dividend payment history, has seen its stock steadily rise with a notable 29.81% gain in the past six months. InvestingPro subscribers can access 8 additional key insights about TR’s performance. The latest price point underscores investor confidence and market optimism surrounding Tootsie Roll’s performance and future prospects, with the company’s market capitalization now reaching $2.94 billion.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.