New York State Common Retirement Fund Purchases New Holdings in Tecogen Inc. $TGEN

New York State Common Retirement Fund bought a new stake in shares of Tecogen Inc. (OTCMKTS:TGEN) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 137,200 shares of the company’s stock, valued at approximately $1,209,000. New York State Common Retirement Fund owned about 0.46% of Tecogen as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in TGEN. Palisades Investment Partners LLC bought a new stake in shares of Tecogen in the third quarter worth approximately $3,318,000. Corsair Capital Management L.P. bought a new position in Tecogen during the second quarter valued at approximately $461,000. Heron Bay Capital Management purchased a new stake in Tecogen in the second quarter worth approximately $253,000. Hidden Cove Wealth Management LLC bought a new stake in Tecogen in the 3rd quarter worth approximately $124,000. Finally, Clear Harbor Asset Management LLC raised its stake in Tecogen by 0.3% during the 3rd quarter. Clear Harbor Asset Management LLC now owns 611,600 shares of the company’s stock valued at $5,388,000 after buying an additional 1,600 shares during the last quarter.

Tecogen Stock Performance

Shares of TGEN opened at $3.89 on Tuesday. The firm has a market capitalization of $116.10 million, a P/E ratio of -18.52 and a beta of 1.31. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.53 and a quick ratio of 0.70. Tecogen Inc. has a one year low of $1.55 and a one year high of $12.07. The business has a fifty day moving average of $5.06 and a 200 day moving average of $7.11.

Tecogen Profile

Tecogen Inc designs, manufactures and sells on‐site power generation and combined heat and power (CHP) systems for commercial, industrial and institutional markets. The company’s natural gas–fueled cogeneration units produce electricity while capturing and reusing waste heat for space and water heating, providing enhanced energy efficiency over traditional utility‐supplied electrical systems. Tecogen’s portfolio also includes ultra‐low NOx emission technologies, absorption chillers and ancillary equipment tailored to meet the specific demands of manufacturing facilities, hospitals, universities and other energy‐intensive customers.

Central to Tecogen’s product lineup is its InVerde e+ series of cogeneration modules, which integrate internally developed low‐emission combustion systems with advanced controls to optimize performance and reliability.