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

StockNews.com initiated coverage on shares of Smart Powerr (NASDAQ:CREGFree Report) in a research note released on Saturday morning. The firm issued a sell rating on the business services provider’s stock.

Smart Powerr Price Performance

Shares of CREG stock opened at $0.92 on Friday. The company has a market cap of $8.07 million, a price-to-earnings ratio of -8.36 and a beta of 0.65. Smart Powerr has a 1 year low of $0.79 and a 1 year high of $2.00. The firm has a fifty day moving average price of $0.93 and a 200-day moving average price of $1.08.

Smart Powerr (NASDAQ:CREGGet Free Report) last released its quarterly earnings results on Wednesday, August 14th. The business services provider reported ($0.05) earnings per share (EPS) for the quarter.

Smart Powerr Company Profile

(Get Free Report)

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.

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