Tecogen (NYSEAMERICAN:TGEN) Shares Up 3.6% – Still a Buy?

Shares of Tecogen Inc. (NYSEAMERICAN:TGEN) traded up 3.6% during mid-day trading on Monday. The company traded as high as $3.24 and last traded at $3.16. 124,076 shares changed hands during mid-day trading, a decline of 3% from the average session volume of 127,873 shares. The stock had previously closed at $3.05.

Tecogen Stock Up 1.0%

The company has a 50 day moving average price of $3.31. The firm has a market capitalization of $89.97 million, a PE ratio of -8.72 and a beta of 2.16. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.46 and a current ratio of 2.93.

Tecogen (NYSEAMERICAN:TGEN) last announced its quarterly earnings data on Wednesday, August 12th. The company reported ($0.07) earnings per share (EPS) for the quarter. The company had revenue of $5.75 million for the quarter. Tecogen had a negative net margin of 42.28% and a negative return on equity of 44.25%. On average, research analysts forecast that Tecogen Inc. will post -0.26 earnings per share for the current year.

About Tecogen

Tecogen Inc (NYSEAMERICAN:TGEN) develops and manufactures clean-energy equipment designed to improve energy efficiency and reduce emissions. The company’s products use natural gas and other gaseous fuels to generate electricity, heating, cooling and hot water at or near the point of use.

Its product portfolio includes combined heat and power systems, gas-engine-driven chillers, heat pumps and related energy solutions. Tecogen’s ultra-low-emissions engine technology is designed for commercial, industrial, institutional and multifamily applications, where customers can use recovered heat and on-site generation to reduce reliance on conventional grid power and separate heating or cooling systems.

In addition to equipment sales, Tecogen provides installation support, maintenance, parts, monitoring and other service offerings intended to support the operating life of its systems.