Smart Powerr (NASDAQ:CREG) Stock Passes Below 200-Day Moving Average – Should You Sell?

Smart Powerr Corp. (NASDAQ:CREG) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $3.35 and traded as low as $1.22. Smart Powerr shares last traded at $1.26, with a volume of 22,068 shares.

Analyst Ratings Changes

Several equities research analysts recently weighed in on CREG shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Smart Powerr in a research report on Friday. Wall Street Zen raised shares of Smart Powerr to a “sell” rating in a research report on Friday, September 26th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Smart Powerr Price Performance

The stock has a market cap of $3.68 million, a P/E ratio of -0.65 and a beta of 0.88. The business’s fifty day moving average price is $1.50 and its 200 day moving average price is $3.35.

Smart Powerr (NASDAQ:CREG) last posted its earnings results on Thursday, August 14th. The business services provider reported ($0.05) EPS for the quarter. The firm had revenue of $0.06 million for the quarter.

Smart Powerr Company Profile

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.