Tecnoglass, Inc. (NASDAQ:TGLS) changed -1.85% to recent value of $6.88. The stock transacted 60136 shares during most recent day however it has an average volume of 69.82K shares. It spotted trading -33.14% off 52-week high price. On the other end, the stock has been noted 13.16% away from the low price over the last 52-weeks.
Tecnoglass, Inc. (NASDAQ: TGLS), a leading manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, today announced that its Board of Directors has declared a regular quarterly dividend of $0.14 per share, or $0.56 per share on an annualized basis, for the second quarter of 2019. The dividend will be paid on August 30, 2019 to shareholders of record as of the close of business on July 31, 2019.
The dividend will be paid in cash or ordinary shares, to be chosen at the option of holders of ordinary shares during an election period beginning August 1, 2019 and lasting until 5:00 P.M. Eastern Time on August 14, 2019. The value of the ordinary shares to be used to calculate the number of shares to be issued with respect to that portion of the dividend payable in ordinary shares shall be the average of the closing price of the Company’s ordinary shares on NASDAQ during the period from August 1, 2019 through August 14, 2019. If no choice is made during this election period, the dividend for this election period will be paid in ordinary shares of the Company.
TGLS has a gross margin of 32.10% and an operating margin of 13.20% while its profit margin remained 1.50% for the last 12 months. Its earnings per share (EPS) expected to touch remained 53.80% for this year .
The company has 41.42M of outstanding shares and 18.65M shares were floated in the market. According to the most recent quarter its current ratio was 2.5 that represents company’s ability to meet its current financial obligations. The price moved ahead of 4.71% from the mean of 20 days, 0.72% from mean of 50 days SMA and performed -14.48% from mean of 200 days price. Company’s performance for the week was 11.69%, 1.18% for month and YTD performance remained -14.75%.