Smart Powerr (NASDAQ:CREG) Coverage Initiated at StockNews.com

Research analysts at StockNews.com began coverage on shares of Smart Powerr (NASDAQ:CREG) in a report released on Saturday. The brokerage set a “sell” rating on the business services provider’s stock.

Smart Powerr Stock Performance

Shares of CREG opened at $0.90 on Friday. The business’s 50-day moving average is $0.71 and its two-hundred day moving average is $0.84. The company has a market capitalization of $7.88 million, a P/E ratio of -6.42 and a beta of 0.71. Smart Powerr has a fifty-two week low of $0.57 and a fifty-two week high of $2.00.

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.