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

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

Smart Powerr Trading Down 5.3 %

CREG stock opened at $0.85 on Tuesday. The firm has a 50 day simple moving average of $1.07 and a 200-day simple moving average of $1.29. The company has a market capitalization of $7.15 million, a P/E ratio of -7.75 and a beta of 0.63. Smart Powerr has a twelve month low of $0.80 and a twelve month high of $2.13.

Smart Powerr (NASDAQ:CREGGet Free Report) last announced its quarterly earnings data on Tuesday, May 14th. The business services provider reported ($0.03) earnings per share for the quarter.

Smart Powerr Company Profile

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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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