Smart Powerr (NASDAQ:CREG) Stock Passes Below 200-Day Moving Average – Should You Sell?

Smart Powerr Corp. (NASDAQ:CREG) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.83 and traded as low as $1.53. Smart Powerr shares last traded at $1.55, with a volume of 74,437 shares trading hands.

Analyst Ratings Changes

Separately, Wall Street Zen began coverage on Smart Powerr in a research note on Wednesday, May 21st. They set a “sell” rating on the stock.

Smart Powerr Price Performance

The company has a market capitalization of $4.53 million, a PE ratio of -0.79 and a beta of 0.79. The company has a 50 day moving average of $1.86 and a two-hundred day moving average of $4.83.

Smart Powerr (NASDAQ:CREG) last issued its quarterly earnings results on Thursday, August 14th. The business services provider reported ($0.05) earnings per share for the quarter. The company had revenue of $0.06 million during 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 problems.