StockNews.com Begins Coverage on Smart Powerr (NASDAQ:CREG)

StockNews.com assumed coverage on shares of Smart Powerr (NASDAQ:CREGFree Report) in a research note published on Thursday morning. The firm issued a sell rating on the business services provider’s stock.

Smart Powerr Stock Performance

CREG stock opened at $0.76 on Thursday. Smart Powerr has a fifty-two week low of $0.63 and a fifty-two week high of $2.00. The company’s 50 day moving average price is $0.84 and its 200 day moving average price is $0.97. The firm has a market capitalization of $6.38 million, a price-to-earnings ratio of -6.92 and a beta of 0.65.

Smart Powerr (NASDAQ:CREGGet Free Report) last announced its quarterly earnings data on Wednesday, August 14th. The business services provider reported ($0.05) earnings per share for the quarter.

About Smart Powerr

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Smart Powerr Corp. engages in the waste energy recycling business in China. The company provides energy saving and recovery facilities for various energy intensive industries; waste energy recycling systems for use in nonferrous metal plants; and clean-technology and energy-efficient solutions to reduce air pollution and energy shortage problems.

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