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

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

Smart Powerr Stock Up 1.4 %

Shares of NASDAQ CREG opened at $0.79 on Friday. The firm has a market cap of $6.97 million, a PE ratio of -5.68 and a beta of 0.66. Smart Powerr has a 12-month low of $0.53 and a 12-month high of $1.86. The company’s fifty day simple moving average is $0.68 and its 200 day simple moving average is $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.