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Tecogen (OTCMKTS:TGEN) Shares Down 4.7% - Here's What Happened

Tecogen logo with Construction background

Tecogen Inc. (OTCMKTS:TGEN - Get Free Report) shares dropped 4.7% during trading on Monday . The company traded as low as $7.75 and last traded at $7.95. Approximately 460,759 shares traded hands during trading, an increase of 64% from the average daily volume of 281,134 shares. The stock had previously closed at $8.34.

Analyst Ratings Changes

Separately, Wall Street Zen cut shares of Tecogen from a "buy" rating to a "hold" rating in a report on Thursday, May 1st.

Read Our Latest Analysis on Tecogen

Tecogen Price Performance

The business's fifty day moving average is $5.60 and its 200-day moving average is $3.40. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.53 and a quick ratio of 0.70. The firm has a market cap of $200.38 million, a PE ratio of -37.76 and a beta of 0.99.

About Tecogen

(Get Free Report)

Tecogen Inc, together with its subsidiaries, designs, manufactures, markets, and maintains ultra-clean cogeneration products for multi-family residential, commercial, recreational, and industrial use primarily in the United States. It operates through three segments: Products, Services, and Energy Production.

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