Roger Deschenes Buys 10,000 Shares of Tecogen (NYSEAMERICAN:TGEN) Stock

Tecogen Inc. (NYSEAMERICAN:TGEN) CAO Roger Deschenes purchased 10,000 shares of the business’s stock in a transaction on Friday, March 20th. The shares were purchased at an average price of $2.23 per share, with a total value of $22,300.00. Following the completion of the purchase, the chief accounting officer owned 52,962 shares in the company, valued at approximately $118,105.26. This trade represents a 23.28% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Tecogen Stock Up 5.8%

NYSEAMERICAN:TGEN traded up $0.13 during trading hours on Monday, hitting $2.36. 469,570 shares of the stock traded hands, compared to its average volume of 491,823. Tecogen Inc. has a 1 year low of $1.81 and a 1 year high of $12.07.

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.