Tecogen (OTCMKTS:TGEN) Upgraded to “Buy” at StockNews.com

Tecogen (OTCMKTS:TGENGet Free Report) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Friday.

Tecogen Stock Up 2.8 %

TGEN stock traded up $0.05 during mid-day trading on Friday, hitting $1.88. The stock had a trading volume of 5,135 shares, compared to its average volume of 163,964. The stock has a market capitalization of $47.02 million, a price-to-earnings ratio of -8.96 and a beta of 0.48. Tecogen has a 1-year low of $0.59 and a 1-year high of $3.40. The company has a fifty day moving average of $2.16 and a 200 day moving average of $1.77. The company has a current ratio of 1.53, a quick ratio of 0.70 and a debt-to-equity ratio of 0.03.

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

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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