Short Interest in Tecogen Inc. (OTCMKTS:TGEN) Decreases By 76.5%

Tecogen Inc. (OTCMKTS:TGEN) was the target of a large decline in short interest in 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. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 514,300 shares, the days-to-cover ratio is currently 0.0 days.

Tecogen Stock Up 0.4 %

Shares of OTCMKTS:TGEN opened at $2.61 on Thursday. Tecogen has a 52-week low of $0.59 and a 52-week high of $3.40. The company has a quick ratio of 0.70, a current ratio of 1.53 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $65.21 million, a price-to-earnings ratio of -12.43 and a beta of 1.05. The company has a 50 day moving average of $2.45 and a two-hundred day moving average of $1.63.

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

About Tecogen

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.