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

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

Smart Powerr Price Performance

Shares of NASDAQ CREG opened at $0.90 on Friday. Smart Powerr has a 1 year low of $0.57 and a 1 year high of $2.00. The company’s 50-day moving average is $0.71 and its 200 day moving average is $0.83. The stock has a market capitalization of $7.88 million, a P/E ratio of -6.42 and a beta of 0.71.

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.