Smart Powerr (NASDAQ:CREG) Stock Crosses Below 200 Day Moving Average of $1.28

Smart Powerr Corp. (NASDAQ:CREG)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $1.28 and traded as low as $0.96. Smart Powerr shares last traded at $1.01, with a volume of 23,057 shares traded.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on Smart Powerr in a research note on Thursday. They issued a “sell” rating for the company.

Smart Powerr Price Performance

The firm has a market cap of $8.47 million, a price-to-earnings ratio of -9.18 and a beta of 0.63. The company has a fifty day moving average price of $1.02 and a two-hundred day moving average price of $1.28.

Smart Powerr (NASDAQ:CREG) last announced its quarterly earnings data on Tuesday, May 14th. The business services provider reported ($0.03) earnings per share for the quarter.

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.