Tecogen Inc. (OTCMKTS:TGEN) Sees Large Drop in Short Interest

Tecogen Inc. (OTCMKTS:TGEN) saw a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 1,600 shares, a decline of 76.5% from the February 28th total of 6,800 shares. Based on an average trading volume of 514,300 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Tecogen Trading Down 13.0 %

Shares of OTCMKTS TGEN traded down $0.34 on Friday, reaching $2.27. 89,834 shares of the company traded hands, compared to its average volume of 188,290. The company has a current ratio of 1.53, a quick ratio of 0.70 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $56.72 million, a PE ratio of -10.81 and a beta of 1.05. Tecogen has a fifty-two week low of $0.59 and a fifty-two week high of $3.40. The company has a 50 day moving average of $2.44 and a 200 day moving average of $1.64.

Tecogen (OTCMKTS:TGEN) last issued its earnings results on Monday, March 17th. The company reported ($0.05) earnings per share (EPS) for the quarter. Tecogen had a negative return on equity of 42.06% and a negative net margin of 24.15%. The firm had revenue of $6.08 million for 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.