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

Analysts at StockNews.com started coverage on shares of Smart Powerr (NASDAQ:CREG) in a research report issued on Thursday. The firm set a “sell” rating on the business services provider’s stock.

Smart Powerr Trading Down 0.7 %

Smart Powerr stock opened at $0.68 on Thursday. Smart Powerr has a 12 month low of $0.63 and a 12 month high of $2.00. The business’s fifty day simple moving average is $0.72 and its two-hundred day simple moving average is $0.85. The company has a market capitalization of $6.01 million, a price-to-earnings ratio of -4.79 and a beta of 0.71.

About Smart Powerr

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.