StockNews.com Initiates 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 Monday. The firm set a “sell” rating on the business services provider’s stock.

Smart Powerr Stock Down 1.4 %

Shares of Smart Powerr stock opened at $0.68 on Monday. The firm has a market cap of $5.93 million, a PE ratio of -4.83 and a beta of 0.68. Smart Powerr has a 52 week low of $0.63 and a 52 week high of $2.00. The business’s fifty day simple moving average is $0.78 and its 200-day simple moving average is $0.90.

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.