Smart Powerr (NASDAQ:CREG) Coverage Initiated at StockNews.com

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

Smart Powerr Price Performance

NASDAQ:CREG opened at $0.77 on Friday. The firm has a 50-day moving average of $0.68 and a two-hundred day moving average of $0.75. The stock has a market cap of $6.77 million, a P/E ratio of -5.51 and a beta of 0.66. Smart Powerr has a 1-year low of $0.53 and a 1-year high of $1.86.

About Smart Powerr

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.