Susan Hirsch Acquires 10,000 Shares of Tecogen (NYSEAMERICAN:TGEN) Stock

Tecogen Inc. (NYSEAMERICAN:TGEN) Director Susan Hirsch bought 10,000 shares of the firm’s stock in a transaction on Friday, March 27th. The stock was purchased at an average cost of $2.54 per share, with a total value of $25,400.00. Following the completion of the acquisition, the director directly owned 260,416 shares of the company’s stock, valued at approximately $661,456.64. The trade was a 3.99% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Tecogen Stock Performance

Shares of TGEN opened at $2.57 on Monday. The firm has a market cap of $76.71 million, a price-to-earnings ratio of -8.86 and a beta of 1.28. Tecogen Inc. has a 12 month low of $1.81 and a 12 month high of $12.07. 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 Company Profile

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.