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

Research analysts at StockNews.com initiated coverage on shares of Smart Powerr (NASDAQ:CREG) in a research report issued to clients and investors on Wednesday. The brokerage set a “sell” rating on the business services provider’s stock.

Smart Powerr Stock Performance

CREG stock opened at $0.70 on Wednesday. The company’s 50 day moving average price is $0.70 and its 200 day moving average price is $0.73. The firm has a market capitalization of $17.14 million, a price-to-earnings ratio of -5.00 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.

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 problems.