Tecogen Inc. (OTCMKTS:TGEN – Get Free Report) shares fell 2.8% on Wednesday . The company traded as low as $0.66 and last traded at $0.66. 173 shares changed hands during trading, a decline of 99% from the average session volume of 16,711 shares. The stock had previously closed at $0.68.
Wall Street Analysts Forecast Growth
Separately, Benchmark lowered shares of Tecogen from a “buy” rating to a “hold” rating in a report on Tuesday, January 16th.
Read Our Latest Analysis on Tecogen
Tecogen Stock Performance
Tecogen (OTCMKTS:TGEN – Get Free Report) last released its earnings results on Wednesday, March 13th. The company reported ($0.07) earnings per share for the quarter. Tecogen had a negative return on equity of 28.09% and a negative net margin of 18.29%. The company had revenue of $5.90 million for the quarter, compared to analysts’ expectations of $7.31 million.
About Tecogen
Tecogen Inc, together with its subsidiaries, designs, manufactures, markets, and maintains ultra-clean cogeneration products for multi-family residential, commercial, recreational and industrial use in the United States and internationally. It operates through three segments: Products, Services, and Energy Production.
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