Tecogen (OTCMKTS:TGEN) Stock Price Down 2.8%

Shares of Tecogen Inc. (OTCMKTS:TGEN) fell 2.8% during mid-day trading on Wednesday . The company traded as low as $0.66 and last traded at $0.66. 173 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 16,711 shares. The stock had previously closed at $0.68.

Analyst Upgrades and Downgrades

Separately, Benchmark cut shares of Tecogen from a “buy” rating to a “hold” rating in a research report on Tuesday, January 16th.

Tecogen Stock Performance

The firm’s 50 day moving average is $0.69 and its 200 day moving average is $0.77.

Tecogen (OTCMKTS:TGEN) last posted its quarterly earnings data on Wednesday, March 13th. The company reported ($0.07) EPS for the quarter. Tecogen had a negative return on equity of 28.09% and a negative net margin of 18.29%. The business had revenue of $5.90 million for the quarter, compared to the consensus estimate of $7.31 million.

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 in the United States and internationally. It operates through three segments: Products, Services, and Energy Production.