Tecogen (OTCMKTS:TGEN) Trading Up 6.7% – Should You Buy?

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

Analyst Ratings Changes

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

Tecogen Price Performance

The company has a current ratio of 1.53, a quick ratio of 0.70 and a debt-to-equity ratio of 0.03. The stock has a market cap of $117.45 million, a PE ratio of -22.14 and a beta of 0.46. The company’s 50 day moving average is $2.61 and its 200-day moving average is $2.15.

Tecogen (OTCMKTS:TGEN) last issued its quarterly earnings data 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 business had revenue of $6.08 million for the quarter.

Tecogen Company Profile

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.