Stock Traders Purchase Large Volume of Tecogen Call Options (OTCMKTS:TGEN)

Tecogen Inc. (OTCMKTS:TGEN) saw unusually large options trading activity on Friday. Stock traders purchased 5,159 call options on the company. This is an increase of 229% compared to the average daily volume of 1,570 call options.

Hedge Funds Weigh In On Tecogen

Several institutional investors have recently bought and sold shares of TGEN. Clear Harbor Asset Management LLC bought a new position in Tecogen in the 2nd quarter valued at $4,148,000. PFG Investments LLC purchased a new stake in shares of Tecogen during the 2nd quarter worth $425,000. Herald Investment Management Ltd bought a new stake in shares of Tecogen in the 2nd quarter valued at about $2,193,000. Shikiar Asset Management Inc. purchased a new position in Tecogen in the second quarter worth $150,000. Finally, Geode Capital Management LLC acquired a new position in Tecogen during the 2nd quarter valued at about $971,000.

Tecogen Stock Performance

TGEN stock opened at $5.04 on Friday. The company has a market cap of $150.42 million, a P/E ratio of -24.00 and a beta of 1.23. 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 stock’s fifty day moving average price is $7.60 and its 200-day moving average price is $7.68. Tecogen has a 1 year low of $1.28 and a 1 year high of $12.07.

Tecogen Company Profile

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.