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

Stock analysts at StockNews.com initiated coverage on shares of Smart Powerr (NASDAQ:CREG) in a research note issued on Wednesday. The firm set a “sell” rating on the business services provider’s stock.

Smart Powerr Price Performance

NASDAQ CREG opened at $0.70 on Wednesday. The company has a market cap of $17.14 million, a P/E ratio of -5.00 and a beta of 0.64. The stock has a 50-day moving average of $0.70 and a two-hundred day moving average of $0.73. Smart Powerr has a 1-year low of $0.53 and a 1-year high of $1.58.

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.