Positive Press Coverage Somewhat Unlikely to Affect Andina Acquisition (TGLS) Stock Price
Media stories about Andina Acquisition (NASDAQ:TGLS) have been trending positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Andina Acquisition earned a daily sentiment score of 0.25 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.3072186022846 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Several research firms recently issued reports on TGLS. ValuEngine raised shares of Andina Acquisition from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. BidaskClub raised shares of Andina Acquisition from a “sell” rating to a “hold” rating in a report on Thursday, December 7th. Finally, Zacks Investment Research raised shares of Andina Acquisition from a “hold” rating to a “buy” rating and set a $8.00 price target for the company in a report on Wednesday, November 22nd.
Andina Acquisition (NASDAQ TGLS) traded up $0.47 during midday trading on Tuesday, reaching $7.88. 66,900 shares of the company traded hands, compared to its average volume of 42,334. The stock has a market capitalization of $253.77, a PE ratio of 16.84, a P/E/G ratio of 0.86 and a beta of 0.51. Andina Acquisition has a 52-week low of $5.50 and a 52-week high of $12.34. The company has a quick ratio of 1.74, a current ratio of 2.38 and a debt-to-equity ratio of 1.79.
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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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