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TGLS - Preparing for Strong Move

Long
NYSE:TGLS   Tecnoglass Inc.
TGLS is preparing for a strong move on rising earnings.

Entering Advance Zone

TGLS has entered the advance zone after being dormant in accumulation for more than a year. Buying volumes are increasing every day, indicating massive accumulation by pro-investors. Further, it formed breakaway gap on the day of its quarterly earning results.

Earnings Growth

This leading manufacturer of architectural glass & windows picked up growth in the previous quarter. Its Trailing Twelve Months (TTM) revenues are up 37%, income is up 80%, and is expected to continue its growth in the coming quarters.

Most notably, TGLS is improving its margins, asset turnover and ROE which indicate high operational efficiency, while its balance sheet is healthy.



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