Equity Research firms currently have a positive stance on shares of Tecnoglass Inc. (NASDAQ:TGLS). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $18.00 on a short term basis.
At the time of writing, the stock was trading at $12.17. This represents a change from the opening price of 0.58%. In terms of performance, year to date, the stock is -11.35%. The monthly stock performance comes in at -3.87%. For the quarter, shares are performing at 7.69%. Weekly performance analysis shows the equity at 2.31%.
In taking a look at technical levels, shares are trading 0.74% away from the 50 day simple moving average and 3.01% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -21.94% away from it’s 52- week high and 23.93% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Tecnoglass Inc.’s RSI stands at 52.14. In looking at volatility levels, the shares saw weekly volatility of 1.85% and 2.72% over the past month.