Smart Powerr (NASDAQ:CREG) Share Price Crosses Below Two Hundred Day Moving Average of $1.33

Smart Powerr Corp. (NASDAQ:CREG) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.33 and traded as low as $1.13. Smart Powerr shares last traded at $1.15, with a volume of 9,231 shares changing hands.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Smart Powerr in a research note on Wednesday. They set a “sell” rating for the company.

Smart Powerr Stock Down 2.5 %

The company has a market capitalization of $9.15 million, a price-to-earnings ratio of -12.78 and a beta of 0.76. The business’s 50-day moving average is $1.38 and its 200-day moving average is $1.33.

Smart Powerr (NASDAQ:CREG) last issued its quarterly earnings data on Thursday, April 11th. The business services provider reported ($0.03) earnings per share (EPS) for 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.