Tecogen (NYSEAMERICAN:TGEN) Issues Earnings Results

Tecogen (NYSEAMERICAN:TGEN) posted its quarterly earnings data on Wednesday. The company reported ($0.07) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $5.75 million for the quarter. Tecogen had a negative return on equity of 45.67% and a negative net margin of 37.15%.

Tecogen Trading Up 9.1%

Shares of TGEN stock traded up $0.36 during trading hours on Thursday, hitting $4.38. 86,073 shares of the company were exchanged, compared to its average volume of 439,635. The company’s fifty day moving average price is $4.53. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.02 and a quick ratio of 1.72. Tecogen has a 52-week low of $1.94 and a 52-week high of $12.07. The firm has a market cap of $130.90 million, a PE ratio of -13.35 and a beta of 2.15.

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.