Tecnoglass (NYSE:TGLS) Rating Lowered to Hold at Wall Street Zen

Tecnoglass (NYSE:TGLS) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Saturday.

Tecnoglass Stock Down 1.1%

Tecnoglass stock opened at $74.35 on Friday. The company has a quick ratio of 1.44, a current ratio of 2.00 and a debt-to-equity ratio of 0.15. The stock has a market cap of $3.49 billion, a P/E ratio of 19.11, a PEG ratio of 0.81 and a beta of 1.85.

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.