Smart Powerr (NASDAQ:CREG) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

by · The Markets Daily

Smart Powerr Corp. (NASDAQ:CREG – Get Free Report) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.84 and traded as low as $0.62. Smart Powerr shares last traded at $0.65, with a volume of 8,233 shares traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Smart Powerr in a research report on Friday. They set a “sell” rating on the stock.

Check Out Our Latest Report on Smart Powerr

Smart Powerr Price Performance

The company’s fifty day simple moving average is $0.71 and its 200-day simple moving average is $0.84. The firm has a market capitalization of $5.70 million, a PE ratio of -4.64 and a beta of 0.71.

Smart Powerr Company Profile

(Get Free Report)

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.

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