StockNews.com Initiates Coverage on Smart Powerr (NASDAQ:CREG)

Equities researchers at StockNews.com started coverage on shares of Smart Powerr (NASDAQ:CREG) in a research note issued to investors on Monday. The firm set a “sell” rating on the business services provider’s stock.

Smart Powerr Stock Performance

Shares of CREG stock opened at $0.75 on Monday. The firm has a market cap of $6.61 million, a P/E ratio of -5.39 and a beta of 0.64. Smart Powerr has a fifty-two week low of $0.53 and a fifty-two week high of $1.58. The business’s 50 day moving average price is $0.70 and its 200-day moving average price is $0.74.

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.