Tecogen (NYSEAMERICAN:TGEN) Director Susan Hirsch Purchases 10,000 Shares

Tecogen Inc. (NYSEAMERICAN:TGEN) Director Susan Hirsch acquired 10,000 shares of the company’s stock in a transaction that occurred on Friday, March 27th. The stock was acquired at an average price of $2.54 per share, with a total value of $25,400.00. Following the acquisition, the director directly owned 260,416 shares of the company’s stock, valued at approximately $661,456.64. This represents a 3.99% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

Tecogen Trading Down 1.9%

Tecogen stock opened at $2.57 on Friday. The company has a current ratio of 3.12, a quick ratio of 1.94 and a debt-to-equity ratio of 0.05. Tecogen Inc. has a 52-week low of $1.81 and a 52-week high of $12.07. The company has a market cap of $76.71 million, a price-to-earnings ratio of -8.86 and a beta of 1.28.

About Tecogen

Tecogen Inc is a developer and manufacturer of commercial and industrial distributed energy equipment that uses natural gas-fueled internal combustion engine technology to produce heat and power. The company’s product suite centers on combined heat and power (CHP) systems that recover waste heat from on-site power generation to provide space and water heating and, in some configurations, cooling. Tecogen’s offerings are designed to improve on-site energy efficiency while reducing operating costs and emissions relative to separate purchases of electricity and fuel.

In addition to CHP units, Tecogen provides auxiliary equipment and services that support distributed generation installations, including heat recovery components, controls and monitoring systems, emissions reduction technologies, and aftermarket parts and maintenance.