Positive Press Coverage Somewhat Unlikely to Impact Andina Acquisition (TGLS) Stock Price

Media stories about Andina Acquisition (NASDAQ:TGLS) have been trending positive on Saturday, Accern reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Andina Acquisition earned a media sentiment score of 0.33 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.178531208239 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Andina Acquisition (NASDAQ TGLS) traded down $0.26 on Friday, reaching $8.94. The company had a trading volume of 101,537 shares, compared to its average volume of 42,287. The company has a current ratio of 2.38, a quick ratio of 1.74 and a debt-to-equity ratio of 1.79. Andina Acquisition has a fifty-two week low of $5.50 and a fifty-two week high of $12.34. The company has a market cap of $315.07, a price-to-earnings ratio of 30.83, a price-to-earnings-growth ratio of 0.82 and a beta of 0.49.

The business also recently declared a dividend, which will be paid on Friday, January 26th. Investors of record on Friday, December 29th will be given a dividend of $0.14 per share. The ex-dividend date is Thursday, December 28th. Andina Acquisition’s payout ratio is 193.10%.

Several equities analysts recently issued reports on TGLS shares. ValuEngine upgraded Andina Acquisition from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 1st. Zacks Investment Research upgraded Andina Acquisition from a “sell” rating to a “hold” rating in a research report on Wednesday, October 18th. Finally, BidaskClub upgraded Andina Acquisition from a “sell” rating to a “hold” rating in a research report on Thursday, December 7th.

In other news, Director Martha L. Byorum sold 7,000 shares of Andina Acquisition stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $7.09, for a total value of $49,630.00. Following the sale, the director now directly owns 113,651 shares in the company, valued at approximately $805,785.59. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Martha L. Byorum sold 4,000 shares of Andina Acquisition stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $7.35, for a total value of $29,400.00. Following the completion of the sale, the director now owns 95,751 shares in the company, valued at $703,769.85. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 36,900 shares of company stock worth $263,035. 67.20% of the stock is owned by corporate insiders.

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Andina Acquisition 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.

Insider Buying and Selling by Quarter for Andina Acquisition (NASDAQ:TGLS)

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