Andina Acquisition (NASDAQ:TGLS) was upgraded by investment analysts at BidaskClub from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.
Other analysts have also issued research reports about the company. ValuEngine lowered Andina Acquisition from a “buy” rating to a “hold” rating in a research note on Thursday, February 8th. Zacks Investment Research downgraded Andina Acquisition from a “buy” rating to a “hold” rating in a research report on Tuesday, January 23rd. Finally, B. Riley initiated coverage on Andina Acquisition in a research report on Tuesday, March 6th. They issued a “buy” rating and a $11.00 target price on the stock. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $9.50.
TGLS stock traded up $0.05 during trading hours on Friday, reaching $9.56. The company’s stock had a trading volume of 16,824 shares, compared to its average volume of 35,331. The company has a quick ratio of 1.57, a current ratio of 2.16 and a debt-to-equity ratio of 1.82. The company has a market capitalization of $331.30, a price-to-earnings ratio of 63.73, a price-to-earnings-growth ratio of 0.75 and a beta of 0.66. Andina Acquisition has a 12-month low of $5.50 and a 12-month high of $11.20.
About Andina Acquisition
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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