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

StockNews.com assumed coverage on shares of Smart Powerr (NASDAQ:CREG) in a research report report published on Tuesday. The firm issued a sell rating on the business services provider’s stock.

Smart Powerr Stock Performance

CREG stock opened at $0.71 on Tuesday. The stock has a market capitalization of $6.20 million, a price-to-earnings ratio of -5.05 and a beta of 0.68. Smart Powerr has a 1 year low of $0.63 and a 1 year high of $2.00. The stock’s fifty day moving average is $0.74 and its two-hundred day moving average is $0.87.

Smart Powerr Company Profile

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.