Key Points
- Susan Hirsch, a Tecogen director, purchased 5,000 shares on April 13 at $3.73 each for $18,650, raising her direct stake to 265,416 shares (about a 1.92% increase), valued at roughly $990k.
- Tecogen reported weak recent results—Q1 EPS of ($0.13), a negative net margin of 30.47% and negative ROE of 43.75%—with quarterly revenue of $5.32 million and a market cap near $113.1 million (52-week range $1.82–$12.07).
- Analysts have recently initiated coverage with bullish views—Northland and Craig Hallum gave an Outperform/Buy and target prices of $4.50 and $6.00 respectively, leaving a MarketBeat consensus target of $5.25.
Tecogen Inc. (NYSEAMERICAN:TGEN - Get Free Report) Director Susan Hirsch acquired 5,000 shares of Tecogen stock in a transaction dated Monday, April 13th. The stock was bought at an average price of $3.73 per share, for a total transaction of $18,650.00. Following the completion of the transaction, the director directly owned 265,416 shares of the company's stock, valued at approximately $990,001.68. This represents a 1.92% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Tecogen Stock Performance
Shares of NYSEAMERICAN:TGEN opened at $3.79 on Wednesday. The company has a current ratio of 3.12, a quick ratio of 1.94 and a debt-to-equity ratio of 0.05. Tecogen Inc. has a 52-week low of $1.82 and a 52-week high of $12.07. The firm has a market capitalization of $113.13 million, a PE ratio of -13.07 and a beta of 1.46.
Tecogen (NYSEAMERICAN:TGEN - Get Free Report) last issued its quarterly earnings data on Tuesday, March 17th. The company reported ($0.13) earnings per share (EPS) for the quarter. Tecogen had a negative net margin of 30.47% and a negative return on equity of 43.75%. The company had revenue of $5.32 million during the quarter.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on TGEN. Northland Securities began coverage on Tecogen in a research report on Thursday, April 2nd. They issued an "outperform" rating and a $4.50 price objective on the stock. Craig Hallum began coverage on Tecogen in a research report on Monday. They issued a "buy" rating and a $6.00 price objective on the stock. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $5.25.
Check Out Our Latest Stock Report on Tecogen
Tecogen Company Profile
(
Get Free Report)
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.
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