Tecogen (NYSEAMERICAN:TGEN) Director Purchases $25,400.00 in Stock

Tecogen Inc. (NYSEAMERICAN:TGEN) Director Susan Hirsch acquired 10,000 shares of the stock in a transaction dated Friday, March 27th. The shares were bought at an average cost of $2.54 per share, for a total transaction of $25,400.00. Following the acquisition, the director owned 260,416 shares in the company, valued at $661,456.64. The trade was a 3.99% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

Tecogen Stock Down 1.9%

TGEN opened at $2.57 on Friday. 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 Inc. has a twelve month low of $1.81 and a twelve month high of $12.07.

About Tecogen

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.