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

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

Smart Powerr Price Performance

NASDAQ CREG opened at $0.70 on Monday. Smart Powerr has a 12 month low of $0.63 and a 12 month high of $2.00. The company has a 50-day moving average of $0.77 and a 200-day moving average of $0.89. The company has a market cap of $6.14 million, a P/E ratio of -5.00 and a beta of 0.68.

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 problems.