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Tecnoglass Inc (NYSE: TGLS) closed the day trading at $51.67 down -6.26% from the previous closing price of $55.12. In other words, the price has decreased by -$6.26 from its previous closing price. On the day, 0.97 million shares were traded. TGLS stock price reached its highest trading level at $54.045 during the session, while it also had its lowest trading level at $49.61.
Ratios:
For a better understanding of TGLS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.23. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 2.27. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.30.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Sidoti on May 01, 2024, Downgraded its rating to Neutral and sets its target price to $59 from $56 previously.
On February 14, 2024, Stifel Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $48 to $45.
On June 15, 2023, Stifel started tracking the stock assigning a Buy rating and target price of $60.Stifel initiated its Buy rating on June 15, 2023, with a $60 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 08 ’24 when Giraldo Santiago bought 563 shares for $44.47 per share. The transaction valued at 25,037 led to the insider holds 563 shares of the business.
Energy Holding Corp sold 2,300,000 shares of TGLS for $94,449,500 on May 19 ’23. The 10% Owner now owns 24,628,108 shares after completing the transaction at $41.06 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TGLS now has a Market Capitalization of 2428319488 and an Enterprise Value of 2462179840. As of this moment, Tecnoglass’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.43, and their Forward P/E ratio for the next fiscal year is 12.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 14.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.91 while its Price-to-Book (P/B) ratio in mrq is 4.43. Its current Enterprise Value per Revenue stands at 2.955 whereas that against EBITDA is 8.656.
Stock Price History:
Over the past 52 weeks, TGLS has reached a high of $59.76, while it has fallen to a 52-week low of $28.21. The 50-Day Moving Average of the stock is 0.13%, while the 200-Day Moving Average is calculated to be 22.62%.
Shares Statistics:
Over the past 3-months, TGLS traded about 374.29K shares per day on average, while over the past 10 days, TGLS traded about 245960 shares per day. A total of 47.00M shares are outstanding, with a floating share count of 21.97M. Insiders hold about 53.25% of the company’s shares, while institutions hold 38.24% stake in the company. Shares short for TGLS as of 1713139200 were 1781335 with a Short Ratio of 4.76, compared to 1710460800 on 1946540. Therefore, it implies a Short% of Shares Outstanding of 1781335 and a Short% of Float of 8.06.
Dividends & Splits
TGLS’s forward annual dividend rate is 0.38, up from 0.36 a year ago. Against a Trailing Annual Dividend Yield of 0.006531205The stock’s 5-year Average Dividend Yield is 2.88.
