Tecnoglass (NYSE:TGLS) Lowered to “Hold” Rating by Wall Street Zen

Wall Street Zen downgraded shares of Tecnoglass (NYSE:TGLS) from a buy rating to a hold rating in a research report released on Saturday morning.

Tecnoglass Price Performance

Shares of TGLS stock opened at $77.10 on Friday. The company has a current ratio of 2.00, a quick ratio of 1.44 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $3.62 billion, a PE ratio of 18.22, a PEG ratio of 0.81 and a beta of 1.85. Tecnoglass has a fifty-two week low of $54.45 and a fifty-two week high of $90.34.

About Tecnoglass

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.