Smart Powerr (NASDAQ:CREG) Coverage Initiated at StockNews.com

StockNews.com began coverage on shares of Smart Powerr (NASDAQ:CREG) in a research note issued on Tuesday. The firm set a “sell” rating on the business services provider’s stock.

Smart Powerr Price Performance

NASDAQ:CREG opened at $0.69 on Tuesday. The company’s fifty day moving average price is $0.69 and its 200-day moving average price is $0.73. Smart Powerr has a 1-year low of $0.53 and a 1-year high of $1.58. The firm has a market capitalization of $16.90 million, a P/E ratio of -4.93 and a beta of 0.64.

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.