At the time of writing, Tecnoglass Inc [TGLS] stock is trading at $58.72, up 1.82%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TGLS shares have gain 5.92% over the last week, with a monthly amount glided 29.17%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Tecnoglass Inc [NYSE: TGLS] stock has seen the most recent analyst activity on February 14, 2024, when Stifel downgraded its rating to a Hold and also revised its price target to $45 from $48. Previously, Stifel started tracking the stock with Buy rating on June 15, 2023, and set its price target to $60. On December 10, 2021, upgrade upgraded it’s rating to Buy but maintained its price target of $34 on the stock. B. Riley Securities upgraded its rating to a Buy but stick to its price target of $37 on November 09, 2021. Sidoti initiated its recommendation with a Neutral and recommended $25 as its price target on September 21, 2021. Raymond James upgraded its rating to Strong Buy for this stock on May 10, 2021, but kept the price target unchanged to $15. In a note dated December 14, 2020, DA Davidson upgraded an Buy rating on this stock.
For the past year, the stock price of Tecnoglass Inc fluctuated between $28.21 and $59.76. Tecnoglass Inc [NYSE: TGLS] shares were valued at $58.72 at the most recent close of the market.
Analyzing the TGLS fundamentals
According to Tecnoglass Inc [NYSE:TGLS], the company’s sales were 833.26M for trailing twelve months, which represents an -7.82% plunge. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.31%, Pretax Profit Margin comes in at 0.31%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.19, Equity is 0.38 and Total Capital is 0.36. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.31.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 57.97 points at the first support level, and at 57.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 59.55, and for the 2nd resistance point, it is at 60.37.
Ratios To Look Out For
It is important to note that Tecnoglass Inc [NYSE:TGLS] has a current ratio of 2.27. Also, the Quick Ratio is 1.60, while the Cash Ratio stands at 0.55. Considering the valuation of this stock, the price to sales ratio is 3.31, the price to book ratio is 5.04 and price to earnings (TTM) ratio is 15.26.
Transactions by insiders
Recent insider trading involved Giraldo Santiago, Chief Financial Officer, that happened on Mar 08 ’24 when 563.0 shares were purchased. 10% Owner, Energy Holding Corp completed a deal on May 19 ’23 to sell 2.3 million shares.
