StockNews.com Begins Coverage on Smart Powerr (NASDAQ:CREG)

StockNews.com began coverage on shares of Smart Powerr (NASDAQ:CREG) in a report released on Saturday. The brokerage set a “sell” rating on the business services provider’s stock.

Smart Powerr Trading Up 24.8 %

NASDAQ:CREG opened at $0.90 on Friday. The firm has a market capitalization of $7.88 million, a PE ratio of -6.42 and a beta of 0.71. Smart Powerr has a 1 year low of $0.57 and a 1 year high of $2.00. The firm’s fifty day simple moving average is $0.71 and its 200 day simple moving average is $0.83.

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.