Tecogen Sees Unusually Large Options Volume (OTCMKTS:TGEN)

Tecogen Inc. (OTCMKTS:TGEN) was the target of unusually large options trading on Thursday. Traders acquired 4,028 call options on the stock. This represents an increase of 178% compared to the average daily volume of 1,447 call options.

Tecogen Trading Up 10.8%

Tecogen stock traded up $0.48 during trading hours on Thursday, hitting $4.92. The company had a trading volume of 395,941 shares, compared to its average volume of 1,393,408. The firm has a market cap of $146.84 million, a P/E ratio of -23.43 and a beta of 1.29. The company has a 50-day moving average price of $6.51 and a two-hundred day moving average price of $7.62. Tecogen has a 1 year low of $1.55 and a 1 year high of $12.07. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.70 and a current ratio of 1.53.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of TGEN. Bank of America Corp DE increased its stake in shares of Tecogen by 4,069.0% in the third quarter. Bank of America Corp DE now owns 4,836 shares of the company’s stock worth $43,000 after acquiring an additional 4,720 shares during the period. CoreCap Advisors LLC purchased a new stake in Tecogen in the third quarter valued at $44,000. NewEdge Advisors LLC acquired a new stake in Tecogen during the 3rd quarter worth about $91,000. Calamos Advisors LLC purchased a new position in shares of Tecogen during the 3rd quarter valued at about $110,000. Finally, Hidden Cove Wealth Management LLC purchased a new position in shares of Tecogen during the 3rd quarter valued at about $124,000.

About Tecogen

Tecogen Inc designs, manufactures and sells on‐site power generation and combined heat and power (CHP) systems for commercial, industrial and institutional markets. The company’s natural gas–fueled cogeneration units produce electricity while capturing and reusing waste heat for space and water heating, providing enhanced energy efficiency over traditional utility‐supplied electrical systems. Tecogen’s portfolio also includes ultra‐low NOx emission technologies, absorption chillers and ancillary equipment tailored to meet the specific demands of manufacturing facilities, hospitals, universities and other energy‐intensive customers.

Central to Tecogen’s product lineup is its InVerde e+ series of cogeneration modules, which integrate internally developed low‐emission combustion systems with advanced controls to optimize performance and reliability.