Smart Powerr (NASDAQ:CREG) Stock Price Crosses Below 200-Day Moving Average of $1.31

Smart Powerr Corp. (NASDAQ:CREG) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.31 and traded as low as $1.01. Smart Powerr shares last traded at $1.08, with a volume of 20,640 shares.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Smart Powerr in a research note on Friday. They set a “sell” rating for the company.

Smart Powerr Stock Performance

The stock has a market cap of $8.60 million, a price-to-earnings ratio of -12.00 and a beta of 0.83. The business’s 50 day moving average is $1.25 and its 200 day moving average is $1.31.

Smart Powerr (NASDAQ:CREG) last issued its earnings results on Thursday, April 11th. The business services provider reported ($0.03) EPS 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.