Tecogen (NYSEAMERICAN:TGEN) Posts Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Tecogen (NYSEAMERICAN:TGEN) issued its quarterly earnings data on Wednesday. The company reported ($0.05) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.02, Zacks reports. Tecogen had a negative return on equity of 44.25% and a negative net margin of 42.28%.

Tecogen Stock Up 1.2%

Shares of NYSEAMERICAN:TGEN traded up $0.02 during trading on Wednesday, reaching $1.70. The stock had a trading volume of 170,487 shares, compared to its average volume of 368,054. Tecogen has a one year low of $1.50 and a one year high of $8.18. The company has a market capitalization of $51.32 million, a P/E ratio of -5.00 and a beta of 2.38. The company has a current ratio of 2.93, a quick ratio of 1.46 and a debt-to-equity ratio of 0.06. The firm’s 50-day simple moving average is $2.55 and its 200 day simple moving average is $3.77.

About Tecogen

Tecogen Inc. develops, manufactures, sells and services clean-energy equipment designed to improve energy efficiency and reduce emissions. The company’s products are primarily powered by natural-gas or propane-fueled engines and are used in distributed power-generation, heating and cooling applications. Its product portfolio includes combined heat and power systems, which generate electricity while capturing useful heat; natural-gas engine-driven chillers and heat pumps; and related energy systems for commercial, industrial, institutional and multifamily buildings.