Somewhat Positive News Coverage Somewhat Unlikely to Affect Tecogen (TGEN) Share Price

Media coverage about Tecogen (NASDAQ:TGEN) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tecogen earned a news impact score of 0.14 on Accern’s scale. Accern also assigned news coverage about the construction company an impact score of 44.4475652013044 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Several brokerages have commented on TGEN. Zacks Investment Research cut shares of Tecogen from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. HC Wainwright reiterated a “buy” rating and set a $6.00 target price on shares of Tecogen in a research report on Friday, November 10th. Maxim Group reiterated a “buy” rating and set a $6.00 target price on shares of Tecogen in a research report on Friday, November 10th. Finally, TheStreet cut shares of Tecogen from a “c-” rating to a “d+” rating in a research report on Friday, November 10th. One analyst has rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. Tecogen currently has an average rating of “Buy” and a consensus price target of $13.69.

Tecogen (NASDAQ:TGEN) traded down $0.09 on Tuesday, hitting $2.68. 28,100 shares of the company were exchanged, compared to its average volume of 28,240. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.86 and a current ratio of 2.51. Tecogen has a 1-year low of $2.20 and a 1-year high of $4.28. The company has a market cap of $64.78, a PE ratio of -268.00 and a beta of 0.92.

Tecogen (NASDAQ:TGEN) last released its quarterly earnings data on Thursday, November 9th. The construction company reported $0.00 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.03) by $0.03. Tecogen had a negative net margin of 0.72% and a negative return on equity of 0.90%. The business had revenue of $8.50 million during the quarter, compared to analysts’ expectations of $9.29 million. research analysts predict that Tecogen will post -0.01 earnings per share 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.

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