Tecogen Inc. (OTCMKTS:TGEN – Get Free Report) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 3,400 shares, a growth of 466.7% from the September 30th total of 600 shares. Based on an average trading volume of 61,800 shares, the days-to-cover ratio is currently 0.1 days.
Tecogen Stock Up 1.1 %
Shares of TGEN stock traded up $0.01 during trading hours on Friday, reaching $0.92. 2,580 shares of the stock traded hands, compared to its average volume of 17,185. The business has a fifty day moving average price of $0.91 and a 200 day moving average price of $0.79. Tecogen has a 1-year low of $0.59 and a 1-year high of $1.20.
Tecogen (OTCMKTS:TGEN – Get Free Report) last issued its earnings results on Wednesday, August 7th. The company reported ($0.06) earnings per share for the quarter. Tecogen had a negative return on equity of 35.04% and a negative net margin of 20.78%. The firm had revenue of $4.73 million during the quarter.
Tecogen Company Profile
Tecogen Inc, together with its subsidiaries, designs, manufactures, markets, and maintains ultra-clean cogeneration products for multi-family residential, commercial, recreational, and industrial use primarily in the United States. It operates through three segments: Products, Services, and Energy Production.
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