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

StockNews.com started coverage on shares of Smart Powerr (NASDAQ:CREGFree Report) in a report issued on Sunday. The firm issued a sell rating on the business services provider’s stock.

Smart Powerr Price Performance

Shares of Smart Powerr stock opened at $0.71 on Friday. The company has a 50-day moving average of $0.79 and a 200 day moving average of $0.91. The firm has a market cap of $6.22 million, a price-to-earnings ratio of -4.93 and a beta of 0.68. Smart Powerr has a 1 year low of $0.63 and a 1 year high of $2.00.

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

About Smart Powerr

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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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