Tecnoglass Inc. Looks to Continue to Trade Above its Annual-High Share Price Today

May 27, 2021 10:44:36

Tecnoglass Inc. (NASDAQ:TGLS) traded at a new 52-week high today of $22.25. So far today approximately 206,000 shares have been exchanged, as compared to an average 30-day volume of 533,000 shares.

Tecnoglass Inc designs, manufactures, distributes, and markets architectural glass and windows. The company’s products portfolio includes tempered, laminated, insulating and Solar Control Low-E glass. Its products are installed at hotels, residential buildings, commercial and corporate centers, airports and hospitals as floating facades, curtain walls, windows, doors, handrails, interior and dividers. Its majority of revenue is derived from the sale and installation of architectural glass and windows in the United States.

In the past 52 weeks, Tecnoglass Inc. share prices are bracketed by a low of $3.69 and a high of $22.25 and is now at $21.40, 480% above that low price.

Based on a current price of $21.40, Tecnoglass Inc. is currently 54.2% above its average consensus analyst price target of $9.80.

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