tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Tecogen Eliminates Debt with Promissory Note Prepayment

Story Highlights
Tecogen Eliminates Debt with Promissory Note Prepayment

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Tecogen ( (TGEN) ) has provided an update.

Tecogen Inc., a Delaware corporation, approved the prepayment of two promissory notes totaling $1 million, originally issued to John N. Hatsopoulos, a company director. The prepayments, made on September 3 and 4, 2025, amounted to $1,076,955.62, including interest, and eliminated the company’s outstanding debt and future interest charges of approximately $46,159.

The most recent analyst rating on (TGEN) stock is a Hold with a $10.00 price target. To see the full list of analyst forecasts on Tecogen stock, see the TGEN Stock Forecast page.

Spark’s Take on TGEN Stock

According to Spark, TipRanks’ AI Analyst, TGEN is a Neutral.

Tecogen’s overall stock score reflects significant financial challenges, despite positive technical indicators and strategic corporate developments. The company’s valuation remains poor, but recent earnings call and corporate events provide some optimism for future improvements.

To see Spark’s full report on TGEN stock, click here.

More about Tecogen

Average Trading Volume: 840,126

Technical Sentiment Signal: Buy

Current Market Cap: $219.7M

See more data about TGEN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1