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

StockNews.com began coverage on shares of Smart Powerr (NASDAQ:CREG) in a research report report published on Tuesday. The brokerage issued a sell rating on the business services provider’s stock.

Smart Powerr Stock Up 3.5 %

NASDAQ:CREG opened at $0.71 on Tuesday. The business’s 50-day moving average price is $0.74 and its 200 day moving average price is $0.87. The firm has a market cap of $6.20 million, a P/E ratio of -5.05 and a beta of 0.68. Smart Powerr has a 52-week low of $0.63 and a 52-week high of $2.00.

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.