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

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

Smart Powerr Trading Down 1.7 %

Shares of NASDAQ:CREG opened at $1.17 on Tuesday. Smart Powerr has a 12-month low of $1.00 and a 12-month high of $2.20. The stock’s 50-day moving average price is $1.39 and its two-hundred day moving average price is $1.33. The firm has a market cap of $9.31 million, a price-to-earnings ratio of -13.00 and a beta of 0.75.

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.