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

by · The Markets Daily

StockNews.com assumed coverage on shares of Smart Powerr (NASDAQ:CREG – Free Report) in a research report released on Monday morning. The firm issued a sell rating on the business services provider’s stock.

Smart Powerr Price Performance

Smart Powerr stock opened at $0.64 on Monday. The company has a market cap of $15.60 million, a P/E ratio of -4.55 and a beta of 0.94. Smart Powerr has a fifty-two week low of $0.49 and a fifty-two week high of $1.19. The firm’s 50 day simple moving average is $0.66 and its 200-day simple moving average is $0.68.

Smart Powerr (NASDAQ:CREG – Get Free Report) last posted its quarterly earnings data on Friday, March 28th. The business services provider reported ($0.07) earnings per share for the quarter.

About Smart Powerr

(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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