Smart Powerr (NASDAQ:CREG) Shares Pass Below 200 Day Moving Average – What’s Next?

Shares of Smart Powerr Corp. (NASDAQ:CREGGet Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.76 and traded as low as $0.63. Smart Powerr shares last traded at $0.67, with a volume of 19,874 shares.

Wall Street Analysts Forecast Growth

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

Read Our Latest Analysis on Smart Powerr

Smart Powerr Stock Up 7.4 %

The company has a market cap of $6.31 million, a price-to-earnings ratio of -5.14 and a beta of 0.66. The company has a fifty day simple moving average of $0.67 and a two-hundred day simple moving average of $0.75.

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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