Tecogen Inc. (NYSEAMERICAN:TGEN – Get Free Report) Director Susan Hirsch purchased 5,000 shares of the company’s stock in a transaction that occurred on Monday, April 13th. The shares were acquired at an average price of $3.73 per share, for a total transaction of $18,650.00. Following the completion of the acquisition, the director directly owned 265,416 shares of the company’s stock, valued at $990,001.68. This trade represents a 1.92% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Tecogen Stock Performance
Tecogen stock traded up $0.16 during mid-day trading on Tuesday, reaching $3.79. 1,012,180 shares of the company’s stock were exchanged, compared to its average volume of 490,812. The firm has a market capitalization of $113.13 million, a P/E ratio of -13.07 and a beta of 1.46. Tecogen Inc. has a one year low of $1.82 and a one year high of $12.07. 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 (NYSEAMERICAN:TGEN – Get Free Report) last issued its quarterly earnings results on Tuesday, March 17th. The company reported ($0.13) EPS for the quarter. The business had revenue of $5.32 million for the quarter. Tecogen had a negative return on equity of 43.75% and a negative net margin of 30.47%.
Analyst Ratings Changes
Read Our Latest Stock Analysis on TGEN
Tecogen Company Profile
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.
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