Tecogen (OTCMKTS:TGEN) Rating Lowered to “Hold” at StockNews.com

StockNews.com downgraded shares of Tecogen (OTCMKTS:TGEN) from a buy rating to a hold rating in a report published on Thursday.

Tecogen Stock Performance

OTCMKTS TGEN opened at $2.68 on Thursday. The firm has a 50-day moving average price of $2.16 and a two-hundred day moving average price of $1.88. Tecogen has a 12-month low of $0.65 and a 12-month high of $3.40. The company has a market capitalization of $66.96 million, a P/E ratio of -12.76 and a beta of 0.48. The company has a quick ratio of 0.70, a current ratio of 1.53 and a debt-to-equity ratio of 0.03.

Tecogen (OTCMKTS:TGEN) last issued its quarterly earnings results on Monday, March 17th. The company reported ($0.05) earnings per share (EPS) for the quarter. The company had revenue of $6.08 million during the quarter. Tecogen had a negative net margin of 24.15% and a negative return on equity of 42.06%.

About Tecogen

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.