China Recycling Energy (NASDAQ:CREG) Stock Price Passes Below 200 Day Moving Average of $0.42

China Recycling Energy Co. (NASDAQ:CREG)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.42 and traded as low as $0.35. China Recycling Energy shares last traded at $0.35, with a volume of 3,350 shares trading hands.

The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.36 and a current ratio of 1.36. The firm’s 50-day simple moving average is $0.37 and its 200-day simple moving average is $0.41.

China Recycling Energy Company Profile (NASDAQ:CREG)

China Recycling Energy Corporation engages in the recycling energy business in China. It designs, finances, constructs, operates, and transfers waste energy recycling projects to mid- to large-size enterprises involved in high energy-consuming businesses. The company offers waste pressure-to-energy solutions, including the blast furnace top gas recovery turbine unit, a system that utilizes high pressure gas emitted from the blast furnace top to drive turbine units and generates electricity; and waste heat-to-energy solutions, such as heat power generation projects for applications in cement, steel, coking coal, and nonferrous metal industries, which collect the residual heat from various manufacturing processes.

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