Tecnoglass (NYSE:TGLS) Cut to Hold (C+) at Weiss Ratings

Weiss Ratings lowered shares of Tecnoglass (NYSE:TGLS) from a buy (b-) rating to a hold (c+) rating in a research report released on Friday morning,Weiss Ratings reports.

Separately, Wall Street Zen downgraded shares of Tecnoglass from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Tecnoglass currently has a consensus rating of “Hold”.

Tecnoglass Price Performance

Shares of TGLS stock opened at $60.00 on Friday. Tecnoglass has a 1 year low of $57.93 and a 1 year high of $90.34. The company’s fifty day simple moving average is $67.99. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.44 and a current ratio of 2.00. The company has a market cap of $2.82 billion, a P/E ratio of 15.42, a price-to-earnings-growth ratio of 0.66 and a beta of 1.83.

Tecnoglass Company Profile

Tecnoglass Inc, through its subsidiaries, designs, produces, markets, and installs architectural systems for the commercial and residential construction industries in Colombia, the United States, Panama, and internationally. The company offers low emissivity, laminated/thermo-laminated, thermo-acoustic, tempered, silk-screened, curved, and digital print glass products.