According to Zacks, “Tecogen Inc. designs, manufactures, sells, and services systems that produce electricity, hot water, and air conditioning for commercial installations and buildings and industrial processes. The Company’s ultra-efficient products include cogeneration modules, which provide electricity and heat, and chillers, which provide air-conditioning and optional free hot water. Its products supply electrical power or mechanical power for cooling, as well as free engine heat that gets recovered and purposefully used at customer facilities. Tecogen Inc. is based in United States. “
Several other brokerages have also recently weighed in on TGEN. ValuEngine upgraded shares of YPF from a sell rating to a hold rating in a research note on Monday, June 24th. HC Wainwright reiterated a buy rating on shares of Cyclacel Pharmaceuticals in a research note on Wednesday, May 15th. Finally, Maxim Group set a $9.00 price objective on shares of Brainstorm Cell Therapeutics and gave the stock a buy rating in a research note on Thursday, March 28th.
TGEN opened at $3.43 on Wednesday. The company has a current ratio of 2.53, a quick ratio of 1.90 and a debt-to-equity ratio of 0.08. The company’s 50-day moving average is $3.57. Tecogen has a 52-week low of $2.94 and a 52-week high of $4.20.
Tecogen (NASDAQ:TGEN) last posted its earnings results on Tuesday, May 14th. The construction company reported ($0.01) earnings per share (EPS) for the quarter. Tecogen had a negative net margin of 26.59% and a negative return on equity of 5.30%. The company had revenue of $8.18 million for the quarter, compared to the consensus estimate of $9.90 million. As a group, analysts expect that Tecogen will post -0.13 EPS for the current year.
A hedge fund recently raised its stake in Tecogen stock. Dimensional Fund Advisors LP boosted its stake in Tecogen Inc. (NASDAQ:TGEN) by 7.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 54,549 shares of the construction company’s stock after buying an additional 3,700 shares during the period. Dimensional Fund Advisors LP owned approximately 0.22% of Tecogen worth $198,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 16.13% of the company’s stock.
Tecogen Inc designs, manufactures, and sells industrial and commercial cogeneration systems that produce combinations of electricity, hot water, and air conditioning in the United States and internationally. It operates through two segments, Products and Services and Energy Production. The company offers InVerde e+, a cogeneration product that provides electricity and hot water; TECOGEN cogeneration systems for producing hot water; TECOCHILL air-conditioning and refrigeration chillers; and water heaters under the Ilios brand name, as well as emissions control technology under Ultera brand name.
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