Tecnoglass Inc’s filing revealed that its 10% Owner Energy Holding Corp unloaded Company’s shares for reported $122.63 million on May 13 ’25. In the deal valued at $82.30 per share,1,490,000 shares were sold. As a result of this transaction, Energy Holding Corp now holds 21,705,988 shares worth roughly $1.6 billion.
Then, Energy Holding Corporation bought 1,490,000 shares, generating $122,627,000 in total proceeds.
Before that, WEIL A LORNE bought 280,062 shares. Tecnoglass Inc shares valued at $19,371,889 were divested by the FORMER DIRECTOR at a price of $69.17 per share.
A number of analysts have revised their coverage, including Sidoti’s analysts, who decreased its forecast for the stock in late October from “a Buy” to “a Neutral”. Raymond James also remained covering TGLS and has decreased its forecast on October 22, 2024 with a “Mkt perform” recommendation from previously “Strong buy” rating. B. Riley Securities revised its rating on September 23, 2024. It rated TGLS as “a Neutral” which previously was an “a Buy”.
Price Performance Review of TGLS
On Tuesday, Tecnoglass Inc [NYSE:TGLS] saw its stock fall -2.00% to $73.83. Over the last five days, the stock has lost -1.87%. Tecnoglass Inc shares have risen nearly 37.51% since the year began. Nevertheless, the stocks have fallen -6.92% over the past one year. While a 52-week high of $90.34 was reached on 06/06/25, a 52-week low of $46.47 was recorded on 04/07/25.
Levels Of Support And Resistance For TGLS Stock
The 24-hour chart illustrates a support level at 72.56, which if violated will result in even more drops to 71.30. On the upside, there is a resistance level at 75.28. A further resistance level may holdings at 76.73.
How much short interest is there in Tecnoglass Inc?
A steep rise in short interest was recorded in Tecnoglass Inc stocks on 2025-06-13, dropping by -0.51 million shares to a total of 2.7 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 3.22 million shares. There was a decline of -19.0%, which implies that there is a negative sentiment for the stock.
