Favorable Media Coverage Somewhat Unlikely to Impact Tecogen (TGEN) Share Price

Media stories about Tecogen (NASDAQ:TGEN) have been trending positive recently, Accern Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tecogen earned a media sentiment score of 0.44 on Accern’s scale. Accern also assigned news headlines about the construction company an impact score of 45.1451848782812 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

A number of equities analysts have weighed in on the company. Zacks Investment Research lowered Tecogen from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. Maxim Group set a $6.00 target price on Tecogen and gave the stock a “buy” rating in a research report on Wednesday, October 18th. HC Wainwright set a $6.00 target price on Tecogen and gave the stock a “buy” rating in a research report on Thursday, October 19th. Finally, TheStreet lowered Tecogen from a “c-” rating to a “d+” rating in a research report on Friday, November 10th. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $13.69.

Shares of Tecogen (NASDAQ:TGEN) traded down $0.04 during trading hours on Thursday, reaching $2.25. The company’s stock had a trading volume of 4,072 shares, compared to its average volume of 20,043. Tecogen has a fifty-two week low of $2.05 and a fifty-two week high of $4.17. The company has a current ratio of 2.51, a quick ratio of 1.86 and a debt-to-equity ratio of 0.09. The stock has a market cap of $57.36, a price-to-earnings ratio of -225.00 and a beta of 0.69.

Tecogen (NASDAQ:TGEN) last issued its earnings results on Thursday, November 9th. The construction company reported $0.00 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.03. Tecogen had a negative return on equity of 0.90% and a negative net margin of 0.72%. The business had revenue of $8.50 million during the quarter, compared to analyst estimates of $9.29 million. sell-side analysts anticipate that Tecogen will post -0.01 EPS for the current year.

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Tecogen Company Profile

Tecogen Inc designs, manufactures, sells and maintains cogeneration products, including combined heat and power (CHP), air conditioning systems and water heaters for residential, commercial, recreational and industrial use. The Company is engaged in the business of manufacturing and supporting CHP products based on engines fueled by natural gas.

Insider Buying and Selling by Quarter for Tecogen (NASDAQ:TGEN)

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