Tecogen (OTCMKTS:TGEN) Trading Down 6.8% – Should You Sell?

Shares of Tecogen Inc. (OTCMKTS:TGEN) fell 6.8% during mid-day trading on Friday . The company traded as low as $5.65 and last traded at $5.76. 167,317 shares were traded during trading, a decline of 30% from the average session volume of 239,067 shares. The stock had previously closed at $6.18.

Wall Street Analysts Forecast Growth

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

Tecogen Stock Performance

The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.70 and a current ratio of 1.53. The stock’s 50 day moving average price is $3.58 and its 200 day moving average price is $2.63. The company has a market capitalization of $145.55 million, a P/E ratio of -27.43 and a beta of 0.89.

Tecogen (OTCMKTS:TGEN) last announced its quarterly earnings data on Monday, March 17th. The company reported ($0.05) earnings per share (EPS) 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 during the quarter.

About Tecogen

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.