Smart Powerr (NASDAQ:CREG) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Shares of Smart Powerr Corp. (NASDAQ:CREGGet Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.71 and traded as high as $0.90. Smart Powerr shares last traded at $0.90, with a volume of 189,883 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on Smart Powerr in a report on Saturday. They issued a “sell” rating on the stock.

Check Out Our Latest Stock Analysis on CREG

Smart Powerr Trading Up 24.8 %

The business has a fifty day moving average price of $0.71 and a two-hundred day moving average price of $0.84. The firm has a market capitalization of $7.88 million, a PE ratio of -6.42 and a beta of 0.71.

Smart Powerr Company Profile

(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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