Smart Powerr (NASDAQ:CREG) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Smart Powerr Corp. (NASDAQ:CREGGet Free Report)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.78 and traded as low as $0.62. Smart Powerr shares last traded at $0.65, with a volume of 43,191 shares traded.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on Smart Powerr in a research note on Wednesday. They set a “sell” rating on the stock.

Check Out Our Latest Report on Smart Powerr

Smart Powerr Stock Performance

The firm has a 50-day moving average of $0.69 and a 200-day moving average of $0.78. The firm has a market capitalization of $5.73 million, a P/E ratio of -4.67 and a beta of 0.65.

Smart Powerr (NASDAQ:CREGGet Free Report) last issued its earnings results on Friday, November 8th. The business services provider reported ($0.03) earnings per share (EPS) for the quarter.

About Smart Powerr

(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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