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Tecogen (OTCMKTS:TGEN) Trading Up 6.7% - Here's What Happened

Tecogen logo with Construction background

Tecogen Inc. (OTCMKTS:TGEN - Get Free Report)'s stock price was up 6.7% on Thursday . The stock traded as high as $4.77 and last traded at $4.65. Approximately 395,064 shares were traded during trading, an increase of 83% from the average daily volume of 216,001 shares. The stock had previously closed at $4.36.

Wall Street Analysts Forecast Growth

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

View Our Latest Stock Report on Tecogen

Tecogen Stock Performance

The business has a 50-day moving average of $2.80 and a two-hundred day moving average of $2.26. 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 company has a market cap of $126.04 million, a P/E ratio of -23.76 and a beta of 0.46.

Tecogen (OTCMKTS:TGEN - Get Free Report) last released its quarterly earnings results on Monday, March 17th. The company reported ($0.05) earnings per share for the quarter. Tecogen had a negative net margin of 24.15% and a negative return on equity of 42.06%. The firm had revenue of $6.08 million during the quarter.

Tecogen Company Profile

(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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