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

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

Smart Powerr Stock Performance

NASDAQ:CREG opened at $0.72 on Friday. Smart Powerr has a 1 year low of $0.53 and a 1 year high of $2.00. The stock has a market cap of $6.31 million, a price-to-earnings ratio of -5.14 and a beta of 0.66. The business has a fifty day moving average of $0.67 and a 200-day moving average 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 problems.