Tecogen Inc. (OTCMKTS:TGEN - Get Free Report)'s stock price dropped 0.9% during mid-day trading on Tuesday . The company traded as low as $3.80 and last traded at $4.20. Approximately 289,108 shares changed hands during trading, a decline of 42% from the average daily volume of 501,176 shares. The stock had previously closed at $4.24.
Tecogen Price Performance
The stock has a market cap of $125.60 million, a P/E ratio of -20.00 and a beta of 1.46. The company has a 50 day simple moving average of $3.24 and a 200 day simple moving average of $5.15. The company has a current ratio of 1.53, a quick ratio of 0.70 and a debt-to-equity ratio of 0.03.
Institutional Trading of Tecogen
A number of institutional investors have recently made changes to their positions in the business. Geode Capital Management LLC acquired a new position in Tecogen during the second quarter worth $971,000. Gamco Investors INC. ET AL bought a new position in Tecogen in the second quarter valued at $286,000. Harbor Capital Advisors Inc. acquired a new stake in Tecogen in the 3rd quarter valued at $242,000. Calamos Advisors LLC acquired a new stake in Tecogen in the 3rd quarter valued at $110,000. Finally, CoreCap Advisors LLC bought a new stake in Tecogen during the 3rd quarter worth about $44,000.
Tecogen Company Profile
(
Get Free Report)
Tecogen Inc designs, manufactures and sells on‐site power generation and combined heat and power (CHP) systems for commercial, industrial and institutional markets. The company's natural gas–fueled cogeneration units produce electricity while capturing and reusing waste heat for space and water heating, providing enhanced energy efficiency over traditional utility‐supplied electrical systems. Tecogen's portfolio also includes ultra‐low NOx emission technologies, absorption chillers and ancillary equipment tailored to meet the specific demands of manufacturing facilities, hospitals, universities and other energy‐intensive customers.
Central to Tecogen's product lineup is its InVerde e+ series of cogeneration modules, which integrate internally developed low‐emission combustion systems with advanced controls to optimize performance and reliability.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Tecogen, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tecogen wasn't on the list.
While Tecogen currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.