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

Equities researchers at StockNews.com started coverage on shares of Smart Powerr (NASDAQ:CREGGet Free Report) in a research note issued to investors on Thursday. The firm set a “sell” rating on the business services provider’s stock.

Smart Powerr Stock Up 8.6 %

Shares of NASDAQ:CREG opened at $0.73 on Thursday. The firm has a fifty day moving average of $0.84 and a two-hundred day moving average of $0.98. Smart Powerr has a 12-month low of $0.63 and a 12-month high of $2.00. The firm has a market capitalization of $6.12 million, a P/E ratio of -6.64 and a beta of 0.65.

Smart Powerr (NASDAQ:CREGGet Free Report) last released its quarterly earnings data on Wednesday, August 14th. The business services provider reported ($0.05) earnings per share (EPS) for the quarter.

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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