Smart Powerr (NASDAQ:CREG) Stock Passes Below 200-Day Moving Average of $1.45

Smart Powerr Corp. (NASDAQ:CREGGet Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.45 and traded as low as $1.09. Smart Powerr shares last traded at $1.12, with a volume of 624 shares.

Wall Street Analyst Weigh In

Separately, initiated coverage on shares of Smart Powerr in a research note on Wednesday. They issued a “sell” rating on the stock.

View Our Latest Report on CREG

Smart Powerr Stock Performance

The firm’s 50-day moving average is $1.18 and its 200 day moving average is $1.45. The firm has a market capitalization of $8.72 million, a PE ratio of -2.00 and a beta of 0.98.

About Smart Powerr

(Get Free Report)

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.

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