Smart Powerr (NASDAQ:CREG) Stock Price Crosses Below 200-Day Moving Average of $1.31

Smart Powerr Corp. (NASDAQ:CREG)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.31 and traded as low as $1.01. Smart Powerr shares last traded at $1.08, with a volume of 20,640 shares traded.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Smart Powerr in a research report on Friday. They issued a “sell” rating on the stock.

Smart Powerr Price Performance

The company has a market capitalization of $8.60 million, a P/E ratio of -12.00 and a beta of 0.83. The business’s 50-day moving average price is $1.25 and its two-hundred day moving average price is $1.31.

Smart Powerr (NASDAQ:CREG) last issued its quarterly earnings data on Thursday, April 11th. The business services provider reported ($0.03) EPS for the quarter.

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.