Tecnoglass Inc. (NASDAQ:TGLS) Director Martha L. Byorum sold 4,000 shares of Tecnoglass stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $7.06, for a total transaction of $28,240.00. Following the completion of the transaction, the director now directly owns 113,651 shares of the company’s stock, valued at $802,376.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Tecnoglass Inc. (TGLS) traded up $0.04 during mid-day trading on Wednesday, reaching $7.44. 27,866 shares of the company’s stock were exchanged, compared to its average volume of 42,240. The company has a debt-to-equity ratio of 1.79, a current ratio of 2.38 and a quick ratio of 1.74. Tecnoglass Inc. has a fifty-two week low of $5.50 and a fifty-two week high of $12.34. The company has a market capitalization of $246.58, a PE ratio of 16.36, a price-to-earnings-growth ratio of 0.84 and a beta of 0.51.
A number of analysts have recently commented on TGLS shares. ValuEngine upgraded shares of Tecnoglass from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Zacks Investment Research upgraded shares of Tecnoglass from a “hold” rating to a “buy” rating and set a $8.00 target price for the company in a research report on Wednesday, November 22nd. Dougherty & Co lowered shares of Tecnoglass from a “buy” rating to a “neutral” rating in a research report on Tuesday, August 15th. Finally, BidaskClub lowered shares of Tecnoglass from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 8th.
Tecnoglass Company Profile
Tecnoglass Inc, through its subsidiaries, manufactures and sells architectural glass and windows for residential and commercial construction industries in North, Central, and South America. The company offers soft coat, laminated/thermo-laminated, thermo-acoustic, tempered, silk-screened, curved, and digital print glass.
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