Tecogen ( (TGEN) ) just unveiled an update.
On April 30, 2025, Tecogen Inc. announced that its shares of common stock have been approved for listing on the NYSE American stock exchange, with trading expected to commence on or about May 6, 2025. This uplisting from the OTCQX Best Market is anticipated to enhance the company’s visibility, expand its investor base, and improve liquidity for its shares, marking a significant milestone in Tecogen’s growth strategy.
Spark’s Take on TGEN Stock
According to Spark, TipRanks’ AI Analyst, TGEN is a Neutral.
Tecogen’s stock score reflects significant financial challenges, with declining revenues and ongoing losses impacting the financial performance score. The earnings call revealed strategic improvements, including a partnership with Vertiv and increased recurring revenues, indicating potential for future growth. The technical analysis shows positive momentum, but valuation concerns due to unprofitability weigh on the overall score.
To see Spark’s full report on TGEN stock, click here.
More about Tecogen
Tecogen Inc. is a leading manufacturer of clean energy products, specializing in high efficiency, ultra-clean cogeneration products such as engine-driven combined heat and power, air conditioning systems, and high-efficiency water heaters. The company serves residential, commercial, recreational, and industrial markets, focusing on providing cost-effective and environmentally friendly energy solutions that significantly reduce carbon footprints. With over 35 years in business, Tecogen has shipped more than 3,200 units and maintains a robust network of engineering, sales, and service personnel across key markets in North America.
YTD Price Performance: 59.35%
Average Trading Volume: 141,037
Technical Sentiment Signal: Strong Sell
Current Market Cap: $61.71M
See more insights into TGEN stock on TipRanks’ Stock Analysis page.