Tecogen (OTCMKTS:TGEN) Downgraded by StockNews.com to “Hold”

Tecogen (OTCMKTS:TGENGet Free Report) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday.

Tecogen Stock Performance

OTCMKTS:TGEN opened at $2.68 on Thursday. The stock has a 50 day simple moving average of $2.16 and a 200 day simple moving average of $1.87. The stock has a market cap of $66.96 million, a P/E ratio of -12.76 and a beta of 0.48. Tecogen has a 1-year low of $0.65 and a 1-year high of $3.40. 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 posted its earnings results on Monday, March 17th. The company reported ($0.05) earnings per share for the quarter. Tecogen had a negative return on equity of 42.06% and a negative net margin of 24.15%. The firm had revenue of $6.08 million for the quarter.

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.

Further Reading

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