Tecogen Inc. (OTCMKTS:TGEN)’s share price shot up 5.1% on Wednesday . The stock traded as high as $1.97 and last traded at $1.84. 17,200 shares changed hands during mid-day trading, a decline of 33% from the average session volume of 25,575 shares. The stock had previously closed at $1.75.
Separately, Zacks Investment Research raised shares of Tecogen from a “sell” rating to a “hold” rating in a research note on Tuesday, May 18th.
The stock has a market capitalization of $45.72 million, a PE ratio of -13.08 and a beta of 0.51. The firm’s 50 day moving average price is $1.70. The company has a quick ratio of 2.29, a current ratio of 3.24 and a debt-to-equity ratio of 0.10.
Tecogen Company Profile (OTCMKTS:TGEN)
Tecogen Inc designs, manufactures, markets, and maintains industrial and commercial cogeneration systems that produce combinations of electricity, hot water, and air conditioning for residential, commercial, recreational, and industrial use in the United States and internationally. It operates in two segments, Products and Services, and Energy Production.
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