Somewhat Positive Press Coverage Somewhat Unlikely to Affect Tecogen (TGEN) Share Price

News articles about Tecogen (NASDAQ:TGEN) have trended somewhat positive on Tuesday, according to Accern. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tecogen earned a news impact score of 0.25 on Accern’s scale. Accern also assigned press coverage about the construction company an impact score of 46.318055591179 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the media headlines that may have effected Accern Sentiment’s scoring:

Tecogen (TGEN) traded up $0.21 during trading on Tuesday, reaching $2.53. 109,300 shares of the company’s stock traded hands, compared to its average volume of 18,779. The company has a current ratio of 2.51, a quick ratio of 1.86 and a debt-to-equity ratio of 0.09. Tecogen has a 1 year low of $2.20 and a 1 year high of $4.58.

Tecogen (NASDAQ:TGEN) last released its quarterly earnings data on Thursday, November 9th. The construction company reported $0.00 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.03) by $0.03. The firm had revenue of $8.50 million for the quarter, compared to analyst estimates of $9.29 million. Tecogen had a negative net margin of 0.72% and a negative return on equity of 0.90%. equities research analysts forecast that Tecogen will post -0.07 earnings per share for the current year.

A number of equities research analysts have recently issued reports on TGEN shares. Zacks Investment Research upgraded shares of Tecogen from a “hold” rating to a “buy” rating and set a $3.75 price target on the stock in a report on Wednesday, July 19th. Maxim Group set a $6.00 price target on shares of Tecogen and gave the company a “buy” rating in a report on Monday, August 14th. HC Wainwright set a $6.00 price target on shares of Tecogen and gave the company a “buy” rating in a report on Tuesday, August 15th. Finally, TheStreet lowered shares of Tecogen from a “c-” rating to a “d+” rating in a research note on Friday. Two analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $13.81.

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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.

Insider Buying and Selling by Quarter for Tecogen (NASDAQ:TGEN)

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