Stock analysts at Rodman & Renshaw started coverage on shares of Tecogen Inc. (NASDAQ:TGEN) in a research report issued to clients and investors on Tuesday. The firm set a “buy” rating on the stock.

Shares of Tecogen (NASDAQ:TGEN) opened at 4.09 on Tuesday. The firm has a 50-day moving average price of $4.47 and a 200-day moving average price of $4.54. Tecogen has a 52 week low of $2.46 and a 52 week high of $6.50. The firm’s market capitalization is $81.13 million.

Tecogen (NASDAQ:TGEN) last announced its earnings results on Wednesday, August 10th. The company reported ($0.02) earnings per share for the quarter. The business had revenue of $5.69 million for the quarter, compared to the consensus estimate of $6.38 million. Tecogen had a negative net margin of 15.50% and a negative return on equity of 26.97%. On average, equities analysts expect that Tecogen will post ($0.08) earnings per share for the current fiscal year.

Tecogen Company Profile

Tecogen Inc designs, manufactures, sells and maintains cogeneration products, including combined heat and power (CHP), air conditioning systems and water heaters for residential, commercial, recreational and industrial use. The Company is engaged in the business of manufacturing and supporting CHP products based on engines fueled by natural gas.

5 Day Chart for NASDAQ:TGEN

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