Stock Traders Purchase High Volume of Call Options on Tecogen (OTCMKTS:TGEN)

Tecogen Inc. (OTCMKTS:TGEN) was the target of some unusual options trading on Friday. Investors bought 5,159 call options on the company. This is an increase of approximately 229% compared to the average daily volume of 1,570 call options.

Tecogen Stock Up 7.2%

OTCMKTS TGEN opened at $5.04 on Friday. The business’s fifty day simple moving average is $7.60 and its 200-day simple moving average is $7.70. Tecogen has a 52 week low of $1.28 and a 52 week high of $12.07. The company has a quick ratio of 0.70, a current ratio of 1.53 and a debt-to-equity ratio of 0.03. The firm has a market cap of $150.42 million, a PE ratio of -24.00 and a beta of 1.23.

Institutional Investors Weigh In On Tecogen

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. NewEdge Advisors LLC acquired a new position in shares of Tecogen in the 3rd quarter valued at $91,000. Millennium Management LLC acquired a new position in shares of Tecogen during the 3rd quarter worth $425,000. Integrated Wealth Concepts LLC lifted its position in shares of Tecogen by 22.1% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 216,465 shares of the company’s stock valued at $1,907,000 after acquiring an additional 39,215 shares during the period. Granahan Investment Management LLC purchased a new stake in Tecogen during the third quarter worth $990,000. Finally, Bank of America Corp DE grew its stake in Tecogen by 4,069.0% in the 3rd quarter. Bank of America Corp DE now owns 4,836 shares of the company’s stock valued at $43,000 after acquiring an additional 4,720 shares during the last quarter.

About Tecogen

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.