Is This Stock a Screaming Buy: Tecogen Inc. (NASDAQ:TGEN)

Equity Research firms currently have a positive stance on shares of Tecogen Inc. (NASDAQ:TGEN). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $7.00 on a short term basis.

At the time of writing, the stock was trading at $4.40. This represents a change from the opening price of 5.26%. In terms of performance, year to date, the stock is 19.43%. The monthly stock performance comes in at -4.13%. For the quarter, shares are performing at -9.91%. Weekly performance analysis shows the equity at 1.95%.

In taking a look at technical levels, shares are trading -4.05% away from the 50 day simple moving average and 4.46% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -32.30% away from it’s 52- week high and 78.86% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Tecogen Inc.’s RSI stands at 51.52. In looking at volatility levels, the shares saw weekly volatility of 4.16% and 5.74% over the past month.

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