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Zacks Investment Research downgraded Andina Acquisition Corp (NASDAQ:TGLS) to Sell in a report released today.

Yesterday Andina Acquisition Corp (NASDAQ:TGLS) traded 3.28% lower at $12.27. TGLS’s 50-day average is $12.09 and its 200-day average is $11.66. With the last stock close up 3.61% from the two hundred day moving average, compared with the S&P 500 Index which has fallen -0.01% over the same time. 92,002 shares of the stock were exchanged, up from ann average volume of 18,005.

Zacks Investment Research has downgraded Andina Acquisition Corp(NASDAQ:TGLS) to Sell in a statement released 8/18/2016.

Performance Chart:

Andina Acquisition Corp (NASDAQ:TGLS)

Andina Acquisition Corp has a one-year low of $9.82 and a one-year high of $15.59 with a PE ratio of 14. Andina Acquisition Corp’s total market value is currently $0.0.

About Andina Acquisition Corp (NASDAQ:TGLS)

Tecnoglass Inc., through its subsidiaries, manufactures and sells architectural glass and windows for the 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. It also produces, exports, imports, and markets aluminum products, such as profiles, rods, bars, plates, tubes, and other hardware used in the manufacture of architectural glass settings, including windows, doors, spatial separators, and similar products. In addition, the company provides floating facades, windows and doors, commercial display windows, hurricane-proof windows, automatic doors, bathroom dividers, photovoltaic structures, and other components of architectural systems. Tecnoglass Inc. markets and sells its products under the Tecnoglass, ES Windows, and Alutions brands through internal sales representatives and independent sales representatives, as wells as directly to distributors. The company was founded in 1984 and is headquartered in Barranquilla, and Colombia. Tecnoglass Inc. is a subsidiary of Energy Holding Corporation.

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