Tecogen (NYSEAMERICAN:TGEN) Announces Earnings Results

Tecogen (NYSEAMERICAN:TGEN) posted its earnings results on Wednesday. The company reported ($0.07) EPS for the quarter, FiscalAI reports. Tecogen had a negative net margin of 42.28% and a negative return on equity of 41.97%. The firm had revenue of $5.75 million during the quarter.

Tecogen Trading Down 9.4%

NYSEAMERICAN:TGEN traded down $0.40 during mid-day trading on Friday, hitting $3.79. 170,653 shares of the company’s stock were exchanged, compared to its average volume of 439,476. Tecogen has a fifty-two week low of $1.94 and a fifty-two week high of $12.07. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.02 and a quick ratio of 1.72. The company has a market cap of $113.55 million, a price-to-earnings ratio of -11.16 and a beta of 2.15. The stock’s 50 day moving average is $4.47.

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.