Smart Powerr (NASDAQ:CREG) Stock Passes Below 200 Day Moving Average of $1.55

Smart Powerr Corp. (NASDAQ:CREG) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.55 and traded as low as $1.14. Smart Powerr shares last traded at $1.14, with a volume of 3,958 shares traded.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of Smart Powerr in a report on Tuesday, September 5th. They set a “sell” rating on the stock.

Smart Powerr Stock Up 1.9 %

The company’s fifty day moving average price is $1.29 and its 200 day moving average price is $1.55. The company has a market capitalization of $8.89 million, a P/E ratio of -2.04 and a beta of 0.96.

Smart Powerr (NASDAQ:CREG) last announced its quarterly earnings data on Wednesday, June 21st. The business services provider reported ($0.01) earnings per share (EPS) for the quarter.

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.