Tecogen Inc (AMEX:TGEN) shares, rose in value on Wednesday, June 18, with the stock price up by 4.75% to the previous day’s close as strong demand from buyers drove the stock to $6.18.
Actively observing the price movement in the last trading, the stock closed the session at $5.90, falling within a range of $5.68 and $6.18. The value of beta (5-year monthly) was 0.896. Referring to stock’s 52-week performance, its high was $6.42, and the low was $0.65. On the whole, TGEN has fluctuated by 37.33% over the past month.
With the market capitalization of Tecogen Inc currently standing at about $156.17 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Mar-13.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TGEN’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of TGEN currently trading nearly 14.93% and 63.57% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 66.53, while the 7-day volatility ratio is showing 8.57% which for the 30-day chart, stands at 5.32%. Furthermore, Tecogen Inc (TGEN)’s beta value is 0.90, and its average true range (ATR) is 0.58.
A comparison of Tecogen Inc (TGEN) with its peers suggests the former has fared considerably weaker in the market. TGEN showed an intraday change of 4.75% in last session, and over the past year, it grew by 752.30%%.
Data on historical trading for Tecogen Inc (AMEX:TGEN) indicates that the trading volumes over the past 10 days have averaged 0.39 and over the past 3 months, they’ve averaged 272.85K. According to company’s latest data on outstanding shares, there are 24.99 million shares outstanding.
Nearly 45.25% of Tecogen Inc’s shares belong to company insiders and institutional investors own 0.05% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 70142.0 shares as on 2025-05-30, resulting in a short ratio of 0.15. According to the data, the short interest in Tecogen Inc (TGEN) stood at 42.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2020-05-15 reached 9044.0. The stock has risen by 321.84% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TGEN stock heading into the next quarter.
